Investor darling Nvidia is dominating headlines once again after its earnings last week surpassed expectations on the back of the artificial intelligence boom. The chipmaker’s shares crossed $1,000 for the first time last Wednesday and are up around 170% over the past year. Morgan Stanley notes that the reaction to Nvidia’s first quarter results is …
Investors looking for the next way to play the artificial intelligence boom should consider some of the basic building blocks of the economy, according to Bank of America. Investment and ETF strategist Jared Woodard said in a note to clients last week that the market is underestimating the changes brought about by the energy demand …
By Faith Hung TAIPEI (Reuters) – Money is pouring into Taiwan exchange-traded funds as investors scramble for exposure to the artificial intelligence supply chain, raising analyst and regulator caution just as a rally in the sector has turned fickle and volatile. The rush into exchange-traded funds (ETFs) has changed the ownership structure of a $2 …
When Ivana Delevska launched her fund in August 2021, she had a sense that artificial intelligence would be huge. A hedge fund veteran, having worked at Citadel, Millennium and Tiger Management, Delevska specializes in the industrial sector, communicating with more than 100 companies she covers. By figuring out where companies were investing their dollars, she …
ARK Invest’s chief futurist lists five groups that should give tech investors an edge. According to Brett Winton, robotics, artificial intelligence, multi-omics sequencing, public blockchain and energy storage are key areas because they’re all entering the marketplace at the same time. “We believe that this is a unique time in technological economic history,” he told …
The Good news: still lots of money coming in, but the industry is maturing The ETF juggernaut continues to rake in money, now with north of $8 trillion in assets under management. Indexing/passive investing, the main impetus behind ETFs 30 years ago, continues to bring in new adherents as smarter investors, including the younger ones that …
South Korean conglomerate LG and Qraft Technologies partnered to launch an exchange traded fund that uses artificial intelligence to take investors’ emotions out of the stock-picking process. The LG Qraft AI-Powered U.S. Large Cap Core ETF (LQAI) , which debuted in early November, marks LG’s first step into tapping its AI technology for financial markets. …