The Invesco Dorsey Wright Technology Momentum ETF (PTF) has gained about 58% year to date in 2026, driven by its mechanical momentum strategy that currently favors AI hardware stocks amid the largest corporate data center expansion. PTF uses a rules-based system to overweight technology stocks showing relative strength, which has unintentionally made it an AI hardware-focused fund with top holdings like NVIDIA, Lumentum, and Sandisk. While PTF has outperformed broad tech ETFs like QQQ, it trails more concentrated semiconductor ETFs like VanEck's SMH during this cycle. Investors should consider PTF for tactical AI hardware exposure with automatic exit rules but be mindful of its higher fees, smaller size, and tax implications from frequent rebalancing.
Nvidia will release its fiscal Q1 2027 earnings on May 20, with analysts expecting an 80% increase in sales, driven by a 105% growth outside China. Despite the company's history of surpassing estimates, no new details on Chinese AI chip sales are exp...
Stock and oil futures are expected to start trading on Sunday ahead of key earnings reports from Nvidia and Walmart this week. The market activity follows President Donald Trump's return from a trip to China, with tensions involving Iran also influen...
Nvidia's earnings report this week is highly anticipated, with analysts expecting strong results driven by GPU demand and AI growth, but a beat-and-raise is needed to justify further stock gains. Other major companies like Walmart, Target, and Home D...
Whale Rock Capital Management, led by Alex Sacerdote, quietly acquired five niche technology stocks in Q1 2026, focusing on AI infrastructure rather than headline names like Nvidia or Microsoft. These include companies specializing in semiconductor t...
Nvidia is expanding its AI strategy beyond GPUs by investing heavily in AI infrastructure companies, notably CoreWeave. The company increased its stake in CoreWeave to 11%, valued at about $3.66 billion, tying its future to AI cloud infrastructure gr...
