Nvidia Fuels Rush Into AI-Focused Leveraged ETFs

Nvidia fuels rush into AI-focused leveraged ETFs

Nvidia stokes stampede into AI-focused leveraged ETFs as investors scramble to ramp up bets on the artificial intelligence boom. The chipmaker’s meteoric rise has made it the most traded name in the leveraged ETF market, drawing billions of dollars from traders hoping to capitalize on outsized gains. As its earnings beat Wall Street expectations, Nvidia is at the center of Wall Street’s latest fixation — high-risk funds that track the daily swin…

Nvidia beats revenue expectations in boost to AI investment and US sto

The world’s most valuable company, and first to be valued at $4trn (£2.9trn), beat market expectations in keenly anticipated financial results. Microchip maker Nvidia recorded revenues of $46.7bn (£34.6bn) in just three months up to July, latest financial data from the company showed, slightly better than Wall Street observers had expected. The company’s performance is seen as a bellwether for artificial intelligence (AI) demand, with investors …

Nvidia Beats Revenue Expectations In Boost To AI Investment And US Stock Markets - Great Yorkshire Radio

Microchip maker Nvidia recorded revenues of $46.7bn (£34.6bn) in just three months up to July, latest financial data from the company showed, slightly better than Wall Street observers had expected. The company’s performance is seen as a bellwether for artificial intelligence (AI) demand, with investors paying close attention to see whether the hype is overblown or if significant investment will pay off. Originally a creator of gaming graphics h…