SPDR S&P 500 ETF Trust ( $SPY ) has risen by 0.40% in the past week. It has experienced a 5-day net inflow of $2.76 billion.
This is due, in part, to market sentiment on some of the ETF’s largest holdings. For example:
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- Nvidia Corporation has been in the spotlight as its stock experienced a decline despite reporting record Q2 earnings of $46.7 billion, surpassing expectations. Analysts remain optimistic about Nvidia’s future, highlighting its leadership in the AI chip market and potential growth in gaming and automotive sectors. KeyBanc, Mizuho, and Truist have raised their price targets, emphasizing Nvidia’s dominance in AI chips and long-term growth prospects. Challenges such as China export restrictions persist, but Nvidia’s strong market position and ambitious plans for new chip releases make it a compelling stock for investors.
- Microsoft has seen a 20% rise in its stock year-to-date, driven by impressive Q4 results for Fiscal 2025, with an 18% revenue growth largely due to Azure and AI services. Analysts are optimistic, with Truist Securities raising the stock’s price target to $675. Microsoft is expanding its AI capabilities with in-house models to reduce reliance on OpenAI, focusing on enhancing user experience. The company’s strategic investments in AI and cloud services are expected to continue driving growth, making it an attractive option for investors seeking exposure to the tech sector.
- Apple Inc has faced challenges with its stock down 7.3% year-to-date, amid concerns about its position in the AI race and sluggish iPhone sales. However, Apple’s recent Q3 results for Fiscal 2025 showed a 10% revenue growth, alleviating some concerns. The upcoming fall event on September 9, where new products are expected, could act as a catalyst for the stock. Analysts have a Moderate Buy consensus, with potential upside from stronger-than-expected iPhone builds in China and easing tariff headwinds. Investors are keenly watching Apple’s efforts to integrate AI into its devices.