Cathie Wood's ARK Innovation ETF, known for investing in disruptive tech companies, has seen only modest gains in 2026 despite a strong technology and AI-driven market rally. While semiconductor stocks and companies linked to AI, such as Caterpillar, have surged—PHLX Semiconductor Index is up about 70% year-to-date—the ARK fund has not captured much of this growth. This suggests the fund's portfolio may not be aligned with the current AI boom, potentially impacting its performance compared to other tech-focused investments. Investors may want to watch how ARK adjusts its holdings to better capitalize on the ongoing tech bull market.
Caterpillar Inc. has launched a $5 million workforce initiative in Texas to prepare workers for advanced manufacturing and industry technician roles. The investment aims to reduce training barriers, define future job skills, and connect individuals t...
US stock futures showed mixed signals before the Independence Day weekend, with Dow Jones futures up 0.2%, S&P 500 steady, and Nasdaq futures down 0.3%. The caution follows a weak session where Nasdaq fell 0.7%, pressured by semiconductor and AI-rela...
