Fidelity’s FMR trims Nvidia stake by 9.1% to 932.8 million shares

Fidelity’s investment arm FMR reduced its Nvidia holding by 9.1 % to 932.8 million shares, a move that may cause short‑term market volatility but reflects continued confidence in Nvidia’s outlook. The firm also disclosed stake cuts in SpaceX and Amazon, while simultaneously tripling its Strategy position to $156 million in Q3, highlighting a cautious stance on high‑valuation tech stocks and growing interest in Bitcoin‑linked equities.