nvidia's inclusion in the Dow behind: nvidia was early prepared for inclusion, and the Dow also needs nvidia.
Nvidia surpasses Intel to become the chip manufacturer with the highest revenue, creating a clear one-to-one exchange opportunity. Since Intel is the only chip manufacturer in the Dow Jones Industrial Average, the industry's weight in the Dow is much lower than its position in the economy or market. It is important to note that the Dow is a price-weighted index, so stock prices and their volatility determine the weight in the Dow, analysis and estimation place Nvidia's impact on the Dow Jones Industrial Average in eighth place.
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The election storm is sweeping through the financial markets, with investment banks beginning to pay attention to the potential impact of Elon Musk taking office.
Elon Musk has pledged to find a $2 trillion reduction target in the government budget, and Piper Sandler, an American investment bank, has compiled a list of the 100 stocks most affected by this plan. Overall, Piper's list ranges from aviation and aerospace equipment companies to defense manufacturing, biopharmaceuticals, and health plan providers.
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