Cathie Wood acquired 1.04M NVIDIA shares worth $218M. That's 1.46% of their equity portfolio (22nd largest holding). The first NVIDIA trade was made in Q4 2016. Since then Cathie Wood bought shares fifteen more times and sold shares on twenty occasions. The stake costed the investor $9.91M, netting the investor a gain of 2102% so far.
7,200 is still Jay Woods's SPX target for the end of 2026 — a number the index came within 1% of hitting last week. He explains his thesis and why traders sh...
CNBC is attending Nvidia's GTC AI conference in San Jose, California. The conference has been referred to as the “Woodstock of AI” or “Super Bowl for AI.
Nvidia is set to kick off its weeklong GPU Technology Conference on Monday, where the AI chip leader is expected to offer more details on its latest products.
Cathie Wood expects Nvidia to face tougher competition from AMD this year. However, Nvidia's first-mover advantage, dominant market share, and sticky ecosyst...