SPDR S&P 500 ETF Trust ( $SPY ) has risen by 0.53% in the past week. It has experienced a 5-day net outflow of $2.31 billion.
This is due, in part, to market sentiment on some of the ETF’s largest holdings. For example:
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New trading tool for SPY bulls- Nvidia Corporation had a volatile week as record Q4 revenue of $68.1 billion and a booming data-center AI business clashed with investor worries over high valuation, China export curbs, and growing in‑house chips from Amazon and Google. Despite a 5%+ share price drop and signs of profit‑taking, analysts largely see the pullback as a buying opportunity, highlighting new inference chips, strong Blackwell GPU demand, and price targets implying roughly 35%–60% upside.
- Apple Inc is emerging as a relative winner in a shrinking smartphone market, with IDC expecting overall shipments to plunge by 2026 while premium players like Apple gain share and benefit from higher average selling prices. Analysts see additional upside from a coming wave of AI Companion devices—such as personalized Siri, smart glasses, and home assistants—which could add about $25 billion in hardware sales and around 5% to earnings by 2030, supporting a Moderate Buy rating and low‑teens percentage upside.
- Microsoft spent the week reassuring investors that its deep partnership with OpenAI remains intact even as OpenAI secures new funding and cloud capacity from Amazon, with Azure still the primary platform and Microsoft keeping an exclusive tech license and revenue‑sharing rights. While the company paused construction of part of its Sammamish Village campus and faces uncertainty around the next Xbox launch, Wall Street remains strongly bullish, with Strong Buy ratings and price targets suggesting roughly 40%–50% upside as Microsoft ramps AI data centers, in‑house Maia chips, and autonomous AI agents.