According to @KobeissiLetter, Nvidia (NVDA) now accounts for 5.04% of the MSCI All Country World Index, exceeding Japan’s 4.78% share and outweighing France and Germany combined, while China, the UK, and Canada stand at 3.33%, 3.23%, and 2.92% respectively. Source: @KobeissiLetter. With MSCI ACWI capturing roughly 85% of global equities, NVDA’s outsized weight makes it a key driver of benchmark performance and a focal point for index-tracking flows during rebalances. Source: @KobeissiLetter; MSCI ACWI Index methodology. For trading, monitor NVDA into MSCI review and month/quarter-end dates as passive and benchmark-aware mandates align to index weight, potentially impacting liquidity and volatility. Source: MSCI ACWI Index methodology. Crypto traders should also watch AI-led equity risk sentiment given documented periods of positive BTC–equity correlation and narrative spillovers to AI-linked tokens. Source: Kaiko Research; Bloomberg Markets.