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Eagle Wealth boosts NVIDIA stake by 25.8% amid strong AI chip demand and bullish outlook.

Market News
23 Mar 2026
Defense World
View Source
Bullish
pluang ai news

Eagle Wealth Strategies LLC increased its NVIDIA shares by 25.8% in Q4, holding 14,677 shares worth $2.74 million. NVIDIA's strong AI chip sales, including a deal to supply Amazon Web Services with about 1 million AI chips by 2027, underscore robust demand. The company reported a record $68.13 billion quarterly revenue, beating estimates and projecting a $1 trillion AI revenue opportunity. Despite some regulatory and tax concerns, analysts remain bullish with multiple buy ratings and high price targets, reflecting confidence in NVIDIA's long-term growth in AI and data centers.

More News (NVDA)

Japan's top robotics firms join NVIDIA Cosmos to advance AI-driven intelligent machines.

Japan's top robotics firms join NVIDIA Cosmos to advance AI-driven intelligent machines.

NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...

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Bullish
7 hours ago
Equal-weighted tech ETF XNTK outperforms cap-weighted QQQ with 51.65% vs 28.43% returns over 1 year.

Equal-weighted tech ETF XNTK outperforms cap-weighted QQQ with 51.65% vs 28.43% returns over 1 year.

The SPDR NYSE Technology ETF (XNTK) has significantly outperformed the Invesco QQQ Trust (QQQ) over the past year, returning 51.65% compared to QQQ's 28.43%. XNTK uses an equal-weight approach focusing solely on about 35 tech leaders, capturing broad...

Market News
Neutral
11 hours ago
S&P 500 expected to end 2026 slightly lower amid weak consumer income and inflation pressures.

S&P 500 expected to end 2026 slightly lower amid weak consumer income and inflation pressures.

Sanjeev Sharma forecasts the S&P 500 will finish 2026 slightly below its starting point due to weak consumer fundamentals like stagnant wage growth, high inflation, elevated gas prices, and rising interest rates. His disposable income-based model hig...

Market News
Bearish
14 hours ago
Direxion Daily Technology Bull 3X ETF rated Buy on easing inflation and strong Nasdaq-100 AI growth outlook

Direxion Daily Technology Bull 3X ETF rated Buy on easing inflation and strong Nasdaq-100 AI growth outlook

The Direxion Daily Technology Bull 3X ETF (TECL) is rated Buy due to easing inflation and a positive outlook for the Nasdaq-100, driven by growing AI infrastructure investments and increasing influence of smaller AI-related companies beyond the major...

Market News
Bullish
18 hours ago
State Street's SPYM ETF chosen for Trump Accounts, offering low-cost S&P 500 exposure for newborns.

State Street's SPYM ETF chosen for Trump Accounts, offering low-cost S&P 500 exposure for newborns.

The State Street SPDR Portfolio S&P 500 ETF (SPYM) has been selected as the default investment for the new Trump Accounts program, which provides eligible newborns with a $1,000 Treasury contribution invested in this fund. SPYM tracks the S&P 500 ind...

Market News
Bullish
18 hours ago
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