Artificial Intelligence trader picks Apple and Nvidia, dumps Alphabet and Meta

Apple and Nvidia were two stocks singled out for gains in March by a fund with holdings picked by artificial intelligence, which also decided to dump shares in Alphabet and Meta.Jack Denton for Barron’s:AI-powered investor Qraft, a SoftBank-backed South Korean fintech with around $50 million in assets across four exchange-traded funds, ditched a big position in Google’s parent, Alphabet (GOOGL), this month. It also unloaded a stake in Meta Platforms (FB).
Its Large Cap Momentum ETF (