The SPDR S&P 500 ETF Trust (SPY) has experienced a 1.83% decline in the past week and a net outflow of $2.36 billion over five days. This outflow is attributed to market sentiment regarding its major holdings, particularly due to volatility surrounding AI-related news from Nvidia (NVDA), Apple (AAPL), and Microsoft. While Nvidia shows strong growth expectations due to AI GPU dominance, Apple faces delays in AI features, and Microsoft is heavily investing in AI and cloud solutions.
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SPDR S&P 500 ETF Trust Sees Outflows Amid AI Volatility
The SPDR S&P 500 ETF Trust (SPY) has experienced a 1.83% decline in the past week and a net outflow of $2.36 billion over five days. This outflow is attributed to market sentiment regarding its major holdings, particularly due to volatility surrounding AI-related news from Nvidia (NVDA), Apple (AAPL), and Microsoft. While Nvidia shows strong growth expectations due to AI GPU dominance, Apple faces delays in AI features, and Microsoft is heavily investing in AI and cloud solutions.