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Institutional Investors Boost NVIDIA Holdings
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Major institutional investors like Wedge Capital Management and California Public Employees Retirement System increased their stakes in NVIDIA Co. during the fourth quarter, while 1900 Wealth Management reduced its position. The company's stock opened at $830.41 with a market cap of $2.08 trillion, reporting earnings surpassing estimates and introducing a quarterly dividend of $0.04 per share.
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How does NVIDIA's financial performance and investor behavior reflect broader trends in the technology industry?
How might the increased stake by large investors impact NVIDIA's strategic decisions in the near future?
What factors could have influenced 1900 Wealth Management's decision to reduce its holdings in NVIDIA?
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