China's LineShine supercomputer, built by the Shenzhen Cloud Computing Center, has become the world's fastest, overtaking the US's El Capitan. This marks the first time since 2017 that China holds the top spot, with LineShine performing 20% better on the High Performance Linpack benchmark. Unlike most top supercomputers, LineShine runs on over 13 million CPUs rather than GPUs. Despite this, the US still dominates the overall rankings, holding the next three fastest spots. This development comes as the US ramps up efforts in quantum computing, highlighted by a recent executive order from President Donald Trump.
The Technology Select Sector SPDR Fund (XLK) charges a low expense ratio of 0.08%, but its real cost lies in its heavy concentration in just a few tech stocks like NVIDIA, Apple, and Microsoft, which together make up 40% of its assets. This concentra...
On June 23, 2026, the leveraged semiconductor ETF SOXL fell sharply by 23.06% in a single session, much more than its non-leveraged peers SOXX and SMH, which dropped around 7-8%. SOXL aims to deliver 3 times the daily performance of the semiconductor...
Vanguard's S&P 500 ETF (VOO) charges a very low fee of 0.03%, making it one of the cheapest index funds, but it is heavily weighted towards a few large tech companies, especially those in AI. This concentration means investors are exposed to risks fr...
Billionaire Philippe Laffont predicts artificial intelligence will define the next economic era, potentially creating the first $10 trillion company within 10-15 years and boosting global GDP growth by 1-1.5% annually over the next two decades. He hi...
The 'Magnificent Seven' group of Big Tech stocks, including Alphabet, Amazon, Apple, Meta, Microsoft, Tesla, and Nvidia, entered correction territory as concerns over rising AI spending and persistent inflation impact their valuations. The Roundhill ...
