Defiance introduced the AI Hyperscale Leaders ETF (AIHY) on July 21, targeting companies that derive at least 50% of their revenue or assets from AI development and are scaling profitability, not just riding the AI hype. The fund holds 10-50 companies, with Amazon as the largest holding due to its AWS business investing heavily in AI infrastructure. This ETF emphasizes firms with positive revenue growth and gross margins amid rising capital expenditures in AI infrastructure, which UBS projects to increase from $637 billion in 2026 to $843 billion in 2027. Investors are watching closely to see if these companies can sustain free cash flow while expanding AI investments.
Amazon's stock surged 14% following a better-than-expected earnings report, significantly increasing Jeff Bezos' net worth by $25 billion. The strong financial performance highlights Amazon's continued growth and market strength. Investors are now ev...
Amazon plans to build a data center in Pecos County, Texas, powered by an on-site natural gas plant permitted to emit 33 million tons of CO2 annually, potentially making it the largest climate polluter in the U.S. This move raises concerns as Amazon'...
Amazon's AI momentum has surged with AWS revenue growing 37% and faster adoption of its Bedrock AI platform. Although Amazon was slower than competitors to invest in AI initially, recent progress with partners like Anthropic and OpenAI has boosted in...
Major tech stocks Tesla, Nvidia, and Amazon are set to open higher following a weaker-than-expected jobs report that has investors anticipating interest rate cuts. Tesla shows potential to fill a price gap near $340, while Nvidia benefits from recent...
The global smart TV market is projected to grow from $259.51 billion in 2025 to $923.12 billion by 2035, at a CAGR of 13.53%. This growth is fueled by the rise of OTT streaming platforms like Netflix and Disney+, widespread 5G and fiber internet acce...
