Reported about 8 hours ago
In response to this week’s selloff driven by concerns over a Chinese AI startup, U.S. retail investors significantly increased their purchases of technology stocks, pouring one-third of their investments into Nvidia as it faced a historic drop. Alongside Nvidia, investors showed strong interest in Tesla, Broadcom, and Apple, as well as tech-based ETFs. Vanda Research reported an influx of approximately $4.25 billion into U.S. markets, indicating a robust retail investing trend reminiscent of post-presidential election activity.
Source: YAHOO