The iShares Future AI & Tech ETF (ARTY) is recommended as a buy due to its attractive valuation and strong technical indicators. Trading at a low price-to-earnings ratio of 16.5x and boasting a long-term EPS growth rate of 24.8%, the ETF offers a compelling PEG ratio near 0.7x. It provides significant exposure to large-cap growth and international markets, with 85% in information technology and one-third in non-U.S. equities. Technical momentum is positive with support at $43 and resistance at $52, and seasonal trends also favor the ETF in the coming months, suggesting potential for continued gains.
Bitcoin started the week near $77,000 after a 23% gain, driven by strong demand and regulatory optimism. Key upcoming events include U.S. inflation data (PCE index) and Q2 GDP figures, Nvidia's fiscal Q2 earnings report, and Federal Reserve Chair Kev...
Bitcoin usage in El Zonte, El Salvador, has sharply declined with most transactions now made by card. Merchants describe Bitcoin as "dead," reflecting a shift away from the cryptocurrency despite its legal tender status since 2021. This trend follows...
Tertiary Minerals reported promising final preliminary drill results from its Phase 4 program at Mushima North, Zambia, confirming the scale of its Discovery Zone. Key highlights include broad copper intersections up to 68 meters grading around 0.3% ...
XRP surged about 56% from $1.00 to $1.70 in five days due to a combination of factors: the U.S. Treasury doubling bond buybacks which lowered yields and boosted risk assets, a White House crypto summit promoting the CLARITY Act to classify XRP as a c...
Emerson and Equinor have entered a 13-year strategic collaboration to deploy Emerson's measurement instrumentation and digital technologies across Equinor's global onshore and offshore energy assets. This partnership aims to accelerate development, e...
