The ALPS Equal Sector Weight ETF (EQL) declined only 0.10% in June, outperforming the S&P 500 which fell 1.0%. EQL's equal-weight approach across 11 sectors helped offset losses from big tech stocks like Amazon and Alphabet, which dragged down consumer discretionary and media sectors. Meanwhile, healthcare, industrials, financials, and utilities sectors posted gains, reflecting a market rotation toward cyclical and value stocks. This sector diversification helped EQL weather the tech sell-off better than the market-cap weighted S&P 500.
Anthropic CEO Dario Amodei has called for the AI industry to slow down development due to safety risks, including potential uncontrollable AI behaviors. Despite this warning, major companies like NVIDIA, Microsoft, Alphabet, and Amazon continue heavy...
Amazon's stock has remained relatively flat in 2026 despite strong business growth, including AWS's fastest growth in nearly five years at 36.7% and a booming advertising unit. The stock currently trades at $251.89, with analysts predicting it could ...
Qualcomm is losing a significant revenue source as Apple replaces its modems with in-house chips, cutting Apple-related revenue by about 50% in the coming quarter. However, Qualcomm has partnered with Amazon to develop AI data center infrastructure, ...
Investors are rotating capital into frontier tech stocks such as SpaceX, Anthropic, and OpenAI, anticipating their upcoming IPOs and signaling a shift from legacy tech giants. The FAB 10 and MANGOS baskets highlight this trend, with SpaceX's $75 bill...
Fidelity's Yield Enhanced Equity ETF (FYEE) has outperformed the popular JPMorgan Equity Premium Income ETF (JEPI) in 2026 by delivering a higher total return of 10.44% year-to-date compared to JEPI's 3.85%, while providing nearly the same cash incom...
