Last week, leveraged ETFs linked to Alibaba, Meta, Broadcom, and Nvidia delivered strong gains ranging from 17% to over 34%. Alibaba-focused ETFs led with over 34% returns, driven by positive earnings previews, AI revenue growth, and share buybacks. Meta ETFs rose about 30% following encouraging AI developments easing cost concerns. Broadcom ETFs gained around 22-23% after a major chip supply deal with Apple, while Nvidia ETFs saw roughly 17% gains fueled by analyst optimism and sector momentum. These leveraged ETFs reflect rapid market moves tied to tech sector catalysts, highlighting both opportunity and risk for investors.
In Q2 2026, Baird's Chautauqua International Growth Fund returned +10.39%, trailing the MSCI ACWI ex-U.S. Index's +14.49%. Key detractors included Alibaba and Lululemon, while Recruit and ASML contributed positively. The Global Growth Fund also lagge...
US AI companies Anthropic and OpenAI have accused Chinese firms, including Alibaba, of illegally copying advanced AI technology through a method called "distillation," which allows cheaper and faster AI model development. This practice threatens US d...
