Nvidia Shares Plummet, Investors Sell

This is a news story, published by Yahoo Finance, that relates primarily to The Invesco QQQ Trust news.

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Invesco QQQ Trust

The Motley Fool

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Billionaires Are Selling Nvidia Stock and Buying This Supercharged AI Index Fund Instead

Summary

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81% Informative

The Invesco QQQ Trust is a growth-focused index fund that tracks the Nasdaq-100 index.

It is heavily weighted toward the information technology sector.

Nvidia is the third largest position in the index fund.

The fund is highly concentrated in technology stocks such that weakness in that sector can cause weakness.

The Invesco QQQ Trust is a growth-focused index fund that tracks several companies well positioned to benefit from the artificial intelligence boom, including Nvidia .

The index fund's concentration in technology stocks makes it volatile, but that volatility has been an asset over the past two decades .

I think the InvesCo QQq Trust will continue to outperform over the next decade as the AI boom unfolds.

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