tiprankstipranks
Advertisement
Advertisement

J.P. Morgan Nasdaq Equity Premium Income ETF Faces Outflows Amid AI Momentum

J.P. Morgan Nasdaq Equity Premium Income ETF Faces Outflows Amid AI Momentum

J.P. Morgan Nasdaq Equity Premium Income ETF ( $JEPQ ) has risen by 1.33% in the past week. It has experienced a 5-day net outflow of $29.15 million.
This is due, in part, to market sentiment on some of the ETF’s largest holdings. For example:

Claim 55% Off TipRanks

  • Nvidia Corporation remains central to the AI boom even as some investors rotate toward faster-growing rivals like AMD. Wall Street still sees Nvidia as a core AI winner, with Goldman Sachs calling for a potential “major re‑rating” on the back of Agentic AI demand, strong Blackwell and Grace Blackwell chip sales, and expectations for a beat‑and‑raise earnings report on May 20.
  • Apple Inc is back in the spotlight as Wedbush’s Daniel Ives lifts his price target to $400, arguing the iPhone maker is a “sleeping tech giant” on the cusp of an AI‑driven super‑cycle. Apple is rolling out its Apple Intelligence platform, planning an AI‑centric 2027 iPhone, and diversifying chip supply via a newly inked deal with Intel, moves that could ease supply bottlenecks and support steady services‑led growth.
  • Alphabet Inc. Class C is leaning hard into AI and hardware, launching the Fitbit Air tracker tightly integrated with its Gemini‑based Google Health Coach while ramping capital spending toward $190 billion to expand cloud and AI infrastructure. Despite EU regulatory pressure over search practices, investors and analysts remain upbeat, citing surging Google Cloud revenue, a swelling AI backlog, and price targets that imply double‑digit upside for the stock.

Disclaimer & DisclosureReport an Issue

1