All articles tagged with #mega cap
RSP, the oldest equal-weight S&P 500 ETF, topped $100B in assets in 2026 as equal-weight outperformed the cap-weight S&P 500 year-to-date through Aug. 21, signaling a shift away from mega-cap leadership toward broader market participation; investors value reduced concentration risk and a growing lineup of equal-weight options across indices and sectors.
SpaceX’s stock fell about 16% to close at 154.60, erasing most of its gains since the June 12 debut and marking roughly a 23% drop from its peak a week earlier. The company’s huge IPO, which valued it around $2 trillion, remains a talking point as Bloomberg reports it may seek at least $20 billion via a bond sale, a move that spooked investors amid a broader tech slump and inflation concerns. The pullback followed declines in other major stocks, with the Nasdaq and S&P 500 also down for the day.
Nvidia emerges victorious in its latest earnings report, with strong financial results and positive market reception. The company's CEO, Jensen Huang, attended Computex 2023 in Taipei, where he showcased Nvidia's latest innovations and technologies.