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US Equity Funds Record Largest Weekly Outflow in Five Months Amid AI Demand Concerns

Guavy AI Editorial Team
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NVDA
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US equity funds experienced their largest weekly outflow in five months as investors reevaluated the outlook for artificial intelligence ahead of Nvidia's earnings and awaited potentially pivotal comments from Federal Reserve Chair Kevin Warsh.

Nvidia reported a 70% rise in revenue for the next fiscal year, alleviating investor concerns about AI demand despite persistent supply constraints.

The largest weekly net sales since March 18 saw investors withdraw $22.33 billion from US equity funds, with large-cap funds experiencing their biggest outflows in five months at $24.73 billion.

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