Reported 4 months ago
Following Nvidia Corp.'s strong earnings report, hedge funds' exposure to major US technology companies, including Nvidia, Apple, Amazon, Meta Platforms, Alphabet, Tesla, and Microsoft, has reached a record high of 20.7%. The tech mega-cap index has seen significant growth after Nvidia's impressive quarterly earnings, with Nvidia alone adding $470 billion in market capitalization. This surge reflects the increasing interest in artificial intelligence and technology investments among investors.
Source: YAHOO