The First Trust Nasdaq Semiconductor ETF (FTXL) uses a smart beta approach focusing on quality and momentum rather than market-cap weighting. Its current overweight positions in Intel and Micron have led to recent outperformance but also increased portfolio concentration. Over the past three years, FTXL's methodology has shown benefits supported by strong sector earnings and revenue growth forecasts. Despite recent declines in semiconductor stocks, the ETF maintains a positive outlook and a BUY rating due to solid fundamentals in the sector.
Binance experienced the largest crypto hack in history, losing $6.3 billion due to a compromised engineer's laptop, with suspicions of state-backed involvement. Amazon's shares dropped over 7% after missing earnings and revenue expectations despite s...
Amazon and Intel shares fell significantly in premarket trading following their disappointing September quarter earnings reports. Amazon's shares dropped 7% after missing revenue and profit expectations and reporting negative free cash flow for the s...
Intel Corporation's stock fell sharply after the company issued disappointing guidance for Q4 revenue and earnings per share, despite beating analyst expectations on both top and bottom lines. The weak outlook was attributed to ongoing PC market weak...
Intel's stock is falling significantly due to a slowdown in the personal computer market, which has caused the company to lower its revenue forecast for the December quarter. Intel now expects revenue between $15 billion and $16 billion, below analys...
Intel reported better-than-expected earnings for Q3, driven by strong revenue growth in its data center and foundry units. However, its consumer business declined and foundry losses remain high. The company issued weak guidance for Q4, forecasting a ...
