Nvidia, Microsoft, and Apple poised to dominate major tech ETF

Nvidia, Microsoft, and Apple are vying for the title of the most valuable company in the world as investors focus on the future of AI. State Street’s Technology Select Sector SPDR ETF, worth close to $80 billion, is preparing for a significant rebalancing. Nvidia recently surpassed Microsoft as the world’s most valuable company, with both … Read more

Nvidia, Microsoft, and Apple Poised to Dominate Big Tech ETF

Nvidia, Microsoft, and Apple Poised to Dominate Big Tech ETF

This week, Nvidia, Microsoft, and Apple are competing for the title of most valuable company in the world as investors focus on the future of AI. The largest technology exchange-traded fund, State Street’s Technology Select Sector SPDR, with assets close to $80 billion, is gearing up for a significant rebalancing. Nvidia recently surpassed Microsoft as … Read more

Invest in this ETF for Exposure to Chip Giants NVIDIA, Broadcom, and Micron

Invest in this ETF for Exposure to Chip Giants NVIDIA, Broadcom, and Micron

The chip industry is experiencing significant growth this year, with Nvidia, Broadcom, and Micron posting substantial profits. Nvidia has seen a 180% increase in its stock, while Broadcom is up 60% and Micron has risen more than 75% as of June 20, 2024. The surge in demand for powerful GPUs and semiconductor components, driven by … Read more

Invest in this ETF to Gain Exposure to NVIDIA, Broadcom & Micron

Invest in this ETF to Gain Exposure to NVIDIA, Broadcom & Micron

The chip industry is experiencing significant growth this year, with companies like Nvidia, Broadcom, and Micron posting impressive profits. Nvidia has seen a 180% increase in its stock, while Broadcom is up 60% and Micron has risen more than 75% as of June 20, 2024. This surge in the chip industry can be attributed to … Read more

AMD Dismisses Cyberattack, Claims no Significant Business Impact: Only Minimal Data Accessed – AMD Stock (NASDAQ:AMD) and AOTG ETF (NASDAQ:AOTG) Continue Growth and Innovation

AMD Dismisses Cyberattack, Claims no Significant Business Impact: Only Minimal Data Accessed – AMD Stock (NASDAQ:AMD) and AOTG ETF (NASDAQ:AOTG) Continue Growth and Innovation

Advanced Micro Devices Inc. (AMD) confirmed that a recent cyberattack by a group called Intelbroker did not compromise any critical business information. The intrusion only obtained a limited amount of information related to the assembling of certain AMD products from a third-party vendor’s site. AMD reassured that this data breach would not have a significant … Read more

Tech Giant’s ETF Poised to Purchase $10 Billion Worth of Nvidia Stocks

Tech Giant’s ETF Poised to Purchase  Billion Worth of Nvidia Stocks

The Technology Select Sector SPDR Fund (XLK), managed by State Street Global Advisors, is increasing its exposure to Nvidia by purchasing about $10 billion in Nvidia shares. This move comes after Nvidia surpassed Microsoft to become the world’s most valuable company. The changes in the fund’s holdings are being made to align with pending changes … Read more

China’s Growing Semiconductor Industry Could Pose Challenges for Nvidia and AMD as Country Establishes Major Fund to Boost Chipmaking – iShares Semiconductor ETF (NASDAQ: SOXX)

China’s Growing Semiconductor Industry Could Pose Challenges for Nvidia and AMD as Country Establishes Major Fund to Boost Chipmaking – iShares Semiconductor ETF (NASDAQ: SOXX)

China is making moves to bolster its domestic semiconductor industry by creating the largest semiconductor investment fund in its history, called Gran Fondo III. This fund has raised 344 billion yuan (about $48 billion) from the Chinese central government, banks, and state-owned enterprises. The goal is to circumvent the US government’s ban on chips from … Read more

Bitcoin and Ether Prices Remain Steady as SEC ETF Decision Approaches, Nvidia Reaches All-Time High

Bitcoin and Ether Prices Remain Steady as SEC ETF Decision Approaches, Nvidia Reaches All-Time High

The founder of 10x Research, Markus Thielen, predicts that the Securities and Exchange Commission (SEC) may approve US-listed Ethereum (ETH) exchange-traded funds (ETFs) today. This comes after SEC Chair Gary Gensler warned cryptocurrency investors to be aware of the risks before making any investments, just hours before the approval of a Bitcoin ETF. Thielen believes … Read more

Stan Druckenmiller, Billionaire Investor, Swaps Nvidia for Undervalued ETF in Recent Transaction

Stan Druckenmiller, Billionaire Investor, Swaps Nvidia for Undervalued ETF in Recent Transaction

Billionaire investor Stan Druckenmiller, known for his successful investments in Nvidia, has shifted his focus towards small-cap stocks after cashing out some of his Nvidia holdings. Druckenmiller initially invested in Nvidia in late 2022 and added to his position throughout 2023, with the stock representing a significant portion of his portfolio. However, as Nvidia’s stock … Read more

Why Wall Street Is Set To Open Mixed Today – VMware (NYSE:VMW), Victoria’s Secret (NYSE:VSCO), Broadcom (NASDAQ:AVGO), Dollar Gen (NYSE:DG), Hormel Foods (NYSE:HRL), Oxford Industries (NYSE:OXM), MongoDB (NASDAQ:MDB), The Communication Services Select Sector SPDR Fund (ARCA:XLC), Real Estate Select Sector SPDR Fund (The) (ARCA:XLRE), Ciena (NYSE:CIEN), Five Below (NASDAQ:FIVE), SentinelOne (NYSE:S), SPDR Select Sector Fund – Technology (ARCA:XLK), Chewy (NYSE:CHWY), SPDR Dow Jones Industrial Average ETF (ARCA:DIA), SPDR S&P 500 (ARCA:SPY), iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT), Dell Technologies (NYSE:DELL), Palantir Technologies (NYSE:PLTR), CrowdStrike Holdings (NASDAQ:CRWD), SPDR Select Sector Fund – Consumer Discretionary (ARCA:XLY), Okta (NASDAQ:OKTA), Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), Signet Jewelers (NYSE:SIG), United States Oil Fund (ARCA:USO), Lululemon Athletica (NASDAQ:LULU), Invesco DB USD Index Bullish Fund ETF (ARCA:UUP), Invesco CurrencyShares Euro Currency Trust (ARCA:FXE), Genesco (NYSE:GCO), Campbell Soup (NYSE:CPB), Nutanix (NASDAQ:NTNX), PagerDuty (NYSE:PD), SPDR DJ Euro STOXX 50 Etf (ARCA:FEZ), Salesforce (NYSE:CRM), Ollie’s Bargain Outlet (NASDAQ:OLLI)

Why Wall Street Is Set To Open Mixed Today – VMware (NYSE:VMW), Victoria’s Secret (NYSE:VSCO), Broadcom (NASDAQ:AVGO), Dollar Gen (NYSE:DG), Hormel Foods (NYSE:HRL), Oxford Industries (NYSE:OXM), MongoDB (NASDAQ:MDB), The Communication Services Select Sector SPDR Fund (ARCA:XLC), Real Estate Select Sector SPDR Fund (The) (ARCA:XLRE), Ciena (NYSE:CIEN), Five Below (NASDAQ:FIVE), SentinelOne (NYSE:S), SPDR Select Sector Fund – Technology (ARCA:XLK), Chewy (NYSE:CHWY), SPDR Dow Jones Industrial Average ETF (ARCA:DIA), SPDR S&P 500 (ARCA:SPY), iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT), Dell Technologies (NYSE:DELL), Palantir Technologies (NYSE:PLTR), CrowdStrike Holdings (NASDAQ:CRWD), SPDR Select Sector Fund – Consumer Discretionary (ARCA:XLY), Okta (NASDAQ:OKTA), Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), Signet Jewelers (NYSE:SIG), United States Oil Fund (ARCA:USO), Lululemon Athletica (NASDAQ:LULU), Invesco DB USD Index Bullish Fund ETF (ARCA:UUP), Invesco CurrencyShares Euro Currency Trust (ARCA:FXE), Genesco (NYSE:GCO), Campbell Soup (NYSE:CPB), Nutanix (NASDAQ:NTNX), PagerDuty (NYSE:PD), SPDR DJ Euro STOXX 50 Etf (ARCA:FEZ), Salesforce (NYSE:CRM), Ollie’s Bargain Outlet (NASDAQ:OLLI)

Wall Street was broadly flat in Thursday midday trading in New York, with the S&P 500 Index attempting to mark its fifth consecutive day of gains as an inline PCE inflation report dispelled expectations of an impending Fed rate hike. The core PCE price index, the Fed’s preferred inflation gauge, came in at 4.2% year … Read more