BlackRock runs two similar tech funds: BST, a perpetual fund with a 5.9% yield trading near NAV, and BSTZ, a term trust with a 6.2% yield trading at a 6.2% discount. BSTZ, which will dissolve around June 2031, offers a structural advantage by potentially closing its discount at liquidation, alongside higher returns (46.6% YTD vs. 31.3% for BST) and a portfolio focused more on private AI, quantum, and space tech. Investors should weigh BSTZ's higher fees and private holdings risk against its yield and discount benefits, especially in tax-advantaged accounts. BST remains a solid choice for steady income with mega-cap tech exposure, while BSTZ suits those seeking higher yield and a defined end date.
The Nasdaq Composite rose over 1% led by gains in tech giants Nvidia, Tesla, and Alphabet, signaling a cautious return of investor confidence in U.S. tech stocks after recent sell-offs. In contrast, Asian tech markets declined sharply, with South Kor...
Nvidia announced a nearly $10 billion investment plan to support Europe's AI ecosystem, focusing on four German startups: Agile Robots, Avelios Medical, Mirelo, and Reflex Aerospace. This move aligns with Germany's goal to lead in industrial AI, with...
NVIDIA researchers have completed a record-breaking simulation of fault-tolerant quantum computing using 104 qubits on JUPITER, Europe's largest supercomputer at Jülich Supercomputing Centre. This simulation validates a new approach that reduces the ...
Nvidia's recent performance has been less spectacular compared to previous years, with its growth now dependent on AI supply constraints and TSMC's manufacturing capacity. The company's advantages in chip versatility and performance face challenges a...
Broadcom is gaining investor confidence due to its strong position in custom AI chips, co-designed with major AI builders who commit to long-term plans. Despite a recent share price drop, Broadcom's AI semiconductor revenue is rapidly growing, with m...
