Nvidia CEO Jensen Huang will accompany U.S. President Donald Trump on his trip to China this week, confirming his attendance at the invitation of Trump. This visit aims to support the U.S. administration's goals ahead of Trump's meeting with Chinese President Xi Jinping. Nvidia's advanced AI chips have faced U.S. export restrictions to China, making this trip significant for ongoing tech and trade discussions between the two countries. The meeting could impact future cooperation and regulations in AI technology and trade relations.
The Nasdaq dropped 4.1% on Friday, wiping out nearly a month of gains amid a tech stock selloff that also dragged the S&P 500 down 2.6%, ending its nine-week winning streak. Major tech companies like Intel, Oracle, and Nvidia saw significant declines...
Fidelity Investments offers a suite of disruptive thematic ETFs that actively invest in innovative sectors like technology, automation, AI, and cybersecurity. These ETFs, such as the Fidelity Disruptive Technology ETF (FDTX) and the Fidelity Disrupti...
Goldman Sachs projects annual AI capital spending to reach $765 billion by 2026 and $1.6 trillion by 2031, driving growth in AI-focused investment funds. Three active or active-leaning ETFs—iShares A.I. Innovation and Tech Active ETF (BAI), iShares F...
The upcoming SpaceX IPO, valuing the company near $2 trillion, is driving a rotation in the stock market from AI semiconductor leaders like NVIDIA, Broadcom, and Marvell to a wider range of blue-chip stocks. This shift is fueled by institutional inve...
The Invesco PHLX Semiconductor ETF (SOXQ) has surged 94% year-to-date through June 2, 2026, vastly outperforming the S&P 500's 11% gain. This rally is driven by strong AI-related demand for semiconductor chips, led by major holdings like AMD, Broadco...
