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Billionaires Sell Nvidia Stock Before the Market Crash and Buy a Golden ETF Up 166% in 10 Years
The hedge fund billionaires listed below sold shares of Nvidia (NASDAQ: NVDA) during the fourth quarter, ahead of the recent stock market crash. They also purchased SPDR Gold Shares (NYSEMKT: GLD), an exchange-traded fund that soared 166% in the last decade.Here's what investors should know about Nvidia and the SPDR Gold Shares ETF.Nvidia specializes in accelerated computing, a discipline that uses specialized hardware and software to speed up complex data center workloads like scientific computing and artificial intelligence (AI). It is best known for its graphics processing units (GPUs), also known as AI accelerators, where it holds 84% market share. But the company also provides adjacent hardware and software.Continue reading
The hedge fund billionaires listed below sold shares of Nvidia (NASDAQ: NVDA) during the fourth quarter, ahead of the recent stock market crash. They also purchased SPDR Gold Shares (NYSEMKT: GLD), an exchange-traded fund that soared 166% in the last decade.
Here's what investors should know about Nvidia and the SPDR Gold Shares ETF.
Nvidia specializes in accelerated computing, a discipline that uses specialized hardware and software to speed up complex data center workloads like scientific computing and artificial intelligence (AI). It is best known for its graphics processing units (GPUs), also known as AI accelerators, where it holds 84% market share. But the company also provides adjacent hardware and software.
