SPDR S&P 500 ETF Trust ( $SPY ) has risen by 2.02% in the past week. It has experienced a 5-day net outflow of $101.12 million.
This is due, in part, to market sentiment on some of the ETF’s largest holdings. For example:
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Trade SPY with leverage- Nvidia Corporation stayed in the limelight as it plans to restart production of its RTX 3060 12 GB in June 2026, using older GDDR6 memory to ease GPU shortages for gamers squeezed by the AI boom. The move comes alongside strong momentum in AI chips, bullish analyst calls with “Strong Buy” ratings, and expectations that the upcoming Vera Rubin platform will widen Nvidia’s lead even as new European rivals emerge.
- Apple Inc drew renewed investor interest after a high‑profile political spotlight on its U.S. manufacturing plans and a key upgrade from BNP Paribas, which lifted its rating to Buy and set a $300 target. Despite rising memory costs and tariff noise, Apple is gaining smartphone share globally and in China, where iPhone shipments are rising sharply, and Wall Street’s Moderate Buy consensus still sees double‑digit upside for the stock.
- Microsoft shares rebounded as the company doubled down on its AI strategy, unveiling its Fairweather data center in Wisconsin ahead of schedule and preparing to showcase Copilot “agentic AI” at the NAB 2026 media show. While heavy quarterly capex on AI infrastructure has weighed on sentiment, analysts highlight a massive revenue backlog, accelerating Copilot and Azure adoption, and a Strong Buy consensus with price targets implying more than 30% upside.