The ERShares Private-Public Crossover ETF (XOVR) trades down 5% year-to-date near $19.08, despite strong gains in its public AI mega-cap holdings like Alphabet and NVIDIA. This divergence stems from its unique mix of late-stage private growth assets, notably SpaceX, which introduces valuation lag and risk due to infrequent revaluations. The fund’s performance heavily depends on hyperscaler AI capital expenditures, with any cuts potentially impacting NVIDIA and the public side. Investors should watch quarterly capex updates from major tech firms and SpaceX’s next valuation event, as these will influence XOVR’s net asset value and future returns.
Nvidia's recent earnings reveal an unusual trend: older GPUs like the three-year-old A100 and the newer H100 are increasing in rental price due to soaring AI infrastructure demand. This contradicts the typical semiconductor cycle where older chips de...
Advanced Micro Devices (AMD) is emerging as a strong competitor to Nvidia in the AI and data center GPU market. AMD's progress includes achieving CPU parity with Nvidia's Vera, accelerating adoption of its ROCm AI software stack, and developing Helio...
Nvidia continues to dominate the AI chip market with strong, sustainable growth and expanding opportunities beyond major cloud providers. Its new Vera CPU could generate $20 billion annually, but GPUs and integrated systems will still drive most grow...
This week, investors focus on key inflation data with Thursday's core PCE price index report, the Fed's preferred inflation gauge, expected at 3.3%, influencing rate decisions under new Fed Chair Kevin Warsh. A series of Federal Reserve speeches will...
The S&P 500 has seen an eight-week rally, but this masks serious bubble risks due to extreme market concentration and record-high valuations. Apple and NVIDIA alone make up 15% of the total U.S. equity market cap, with tech stocks exceeding 55%, surp...
