Short seller Jim Chanos has challenged Nvidia CEO Jensen Huang's statement that the company's AI chips are "highly rentable," asking why Nvidia doesn't rent them out itself. This debate stems from market data showing increasing rental prices for older AI hardware and Chanos's previous criticisms regarding unrealistic depreciation schedules for such equipment used by data center operators. Despite these concerns, Nvidia is partnering with financial institutions to fund data centers, banking on the sustained rental economics of its hardware.

Carmignac Gestion reduced its stake in The Home Depot, Inc. (NYSE:HD) by 14.2% in the second quarter, selling 4,360 shares and retaining 26,374 shares valued at $9.3 million. Despite this, institutional investors collectively own 70.86% of the company, and analysts generally maintain a "Moderate Buy" rating with an average price target of $375.54. Home Depot reported strong quarterly results, beating EPS and revenue expectations, and declared a $2.33 quarterly dividend.

The California State Teachers Retirement System significantly increased its stake in Freeport-McMoRan Inc. (NYSE:FCX) by 6,434.3% in the second quarter, purchasing an additional 140,006,047 shares. The fund now owns 142,181,964 shares, valued at approximately $8.94 billion, representing 9.90% of the company. Other institutional investors also adjusted their positions, and analysts have given Freeport-McMoRan a "Moderate Buy" consensus rating with an average target price of $70.27.

HighTower Advisors LLC significantly increased its stake in Everest Group, Ltd. (NYSE:EG) by 1,481.9% in the second quarter, bringing its total holdings to $17.16 million. Institutional investors collectively own 92.64% of the company, while analysts generally maintain a "Hold" rating with a consensus price target of $395.27. Everest Group reported strong quarterly earnings and declared a quarterly dividend of $2.00 per share.

The California State Teachers Retirement System significantly increased its stake in Hershey Company by adding 43 million shares, bringing its total holdings to over 43.25 million shares, representing approximately 21.52% of the company. Hershey reported strong Q2 earnings with $1.90 EPS and $2.79 billion in revenue, exceeding analyst expectations, and announced a quarterly dividend of $1.452 per share. Despite the positive performance and dividend, analysts maintain a generally neutral "Hold" rating for the stock.

The California State Teachers Retirement System significantly increased its stake in EOG Resources, Inc. (NYSE:EOG) by 12,810.7% in the second quarter, purchasing over 80 million additional shares. This acquisition brings their total holdings to 80,957,747 shares, valued at approximately $10.5 billion, and represents 15.43% of the company. Other institutional investors also adjusted their positions in EOG Resources, an energy exploration company that recently reported strong earnings and announced a quarterly dividend.

Everett Harris & Co. CA has acquired a significant new position in Amazon.com, Inc. (NASDAQ:AMZN), purchasing over 1 million shares valued at approximately $243.39 million. This acquisition makes Amazon their 8th largest holding, representing 3.0% of their total holdings. The article also details other institutional investor activities, analyst ratings, Amazon's recent financial performance, and relevant news affecting the company.

Bridgewater Advisors Inc. has acquired a new position of 76,356 shares in Amazon.com, Inc. (NASDAQ:AMZN) valued at approximately $21.69 million during the second quarter, making it their 13th largest holding. Other institutional investors also increased their stakes in Amazon, with institutional ownership now standing at 72.20%. The article also provides a news roundup for Amazon, covering positive developments like AWS's custom-chip strategy and profitability, alongside negative news such as a fatal Prime Air crash and an employment lawsuit.

BIP Wealth LLC recently purchased a new position of 53,933 shares in Amazon.com, Inc. (NASDAQ:AMZN) during the second quarter, valued at approximately $12.85 million. Other institutional investors have also adjusted their holdings in Amazon, with several increasing their stakes. The article also provides a summary of recent news impacting Amazon, including positive developments in AWS, neutral news regarding a sterling bond offering, and negative news concerning a fatal Prime Air crash and an employment lawsuit.

HighTower Advisors LLC reduced its stake in Equinix, Inc. by 17.2% in the second quarter, selling 4,352 shares but retaining a significant holding valued at $21.8 million. Despite insider sales, Wall Street analysts maintain a "Moderate Buy" rating for Equinix with an average price target of $1,203.60, following strong Q2 earnings where the company exceeded EPS estimates and saw a 16.4% year-over-year revenue increase. Equinix also declared a quarterly dividend of $5.16 per share, representing a 2.0% annualized yield.