The iShares Future AI & Tech ETF (ARTY), focused on AI infrastructure hardware like chips and cloud platforms, shows strong underlying earnings from key holdings such as NVIDIA, Micron, and AMD. Despite these companies reporting significant revenue growth, ARTY's 2026 performance is flat, down about 1%, trailing the broader semiconductor ETF SOXX, which is up nearly 13%. This lag is due to ARTY's broader, global portfolio that includes riskier, high-debt companies like CoreWeave and exposure to geopolitical risks in Asia. ARTY suits investors seeking diversified AI hardware exposure but not those expecting returns matching top U.S. chip leaders like NVIDIA.
The Direxion Daily Semiconductor Bear 3X Shares (SOXS) surged about 11% amid a selloff in memory chip stocks led by Micron Technology and SK Hynix, which fell 8% and 11% respectively. This drop was triggered by Chinese DRAM maker CXMT's large IPO pla...
AI-related hardware and chip stocks, including Dell, Micron, and SanDisk, experienced a significant selloff following news that Meta Platforms plans to lease surplus AI capacity. This raised concerns about potential overbuilding of data center infras...
The FTSE 100 index fell slightly, dragged down by mining stocks reacting to China's slower GDP growth of 4.3% in Q2, its weakest in three years. Despite this, oil prices remained steady amid US-Iran tensions. PayPal shares jumped over 14% following r...
Jim Cramer stated that today's stock market is far from the dot-com bubble era, highlighting lower valuations, cooler inflation, and strong corporate earnings as key differences. Despite some speculative stocks like SpaceX, these are outliers and do ...
SK Hynix's options began trading in the U.S. with about 150,000 contracts by midday Tuesday, showing less excitement than expected despite a strong stock rally. The most popular trades were bearish call sales, possibly because leveraged single-stock ...
