Top Funds Have This Nvidia Partner Etched In Their Brains

Group 1 - Nvidia (NVDA) has been absent from the list of new buys by top mutual funds after two consecutive months, while Cadence Design Systems (CDNS) has made a return for the third month in a row [1] - Nvidia's stock has recently rebounded above its 21-day exponential moving average and its 50-day line, indicating renewed demand [1] - The overall stock market is experiencing fluctuations, with the Dow Jones futures falling but the S&P 500 and Nasdaq reaching record highs as key inflation data approaches [4] Group 2 - Oracle's strong performance is driving a rally in AI stocks, contributing to the overall positive sentiment in the market [4] - Other companies like GE Vernova and Comfort Systems are also gaining attention as new buys alongside Nvidia and Oracle [4] - The upcoming CPI inflation report is expected to influence the Federal Reserve's projections regarding future rate cuts [2]