The Defiance AI & Power Infrastructure ETF (AIPO), focused on companies supporting AI power and infrastructure, has surpassed $500 million in assets under management less than 10 months after its July 2025 launch. Named Best New Thematic ETF at the 2026 ETF.com Awards, AIPO has gained strong investor interest due to its unique focus on the energy and infrastructure needed for AI growth, outperforming the Nasdaq-100 year-to-date with nearly 30% returns. The fund targets U.S.-listed firms involved in power generation, grid modernization, utilities, and AI hardware, reflecting growing recognition that AI investment extends beyond semiconductors to physical infrastructure. This milestone highlights the expanding role of AI infrastructure in investment portfolios and signals potential continued growth in this thematic sector.
Chery Group inaugurated the Rosslyn Plant in South Africa, marking a key step in its global expansion and local market integration. The plant, originally built in 1963, will retain 692 employees and create up to 3,000 supply chain jobs, with producti...
Somnigroup International has acquired Mattress Firm, the largest U.S. specialty mattress retailer, and is finalizing its acquisition of Leggett & Platt, a major components supplier. These moves aim to create a dominant market position with strong pri...
U.S. stock indices remain strong above their 52-week averages as investors await the Federal Reserve's June meeting minutes for clues on future interest rate moves. Early second-quarter earnings reports from major companies like PepsiCo, Delta Air Li...
Hackers exploited the UXLINK project in September 2025, stealing about $4.5 million by exploiting a wallet vulnerability and laundering funds through multiple cryptocurrency swaps and deposits into Tornado Cash. Similarly, wallets linked to the defun...
ChatGPT forecasts SpaceX stock could reach around $175 per share by July 2026, with potential ranges from $140 to $220 depending on market conditions. The forecast factors in SpaceX's recent IPO, its upcoming inclusion in the Nasdaq-100 Index, and gr...
