$NVIDIA Corp(NVDA)$ $Technology Select Sector SPDR Fund(XLK)$ $Apple(AAPL)$ Leaving this here for those unaware about the following news regarding the rebalancing of XLK's basket of holdings. Following news courtesy of Yahoo Finance. The Technology Select Sector SPDR Fund (XLK), the second-largest technology sector exchange-traded fund by assets under management, will dramatically shift the weighting for two of its top holdings on Friday, assuming the market cap of NVIDIA stays above that of APPLE as of tomorrow, which will likely be the case. XLK, which has $72 billion in asset
All Eyes on Nvidia
Nvidia's Second-quarter data-center sales top Wall Street view by more than $2 billion, and revenue forecast comes in $3 billion higher than expected.