The ROBO Global Robotics and Automation Index (ROBO) and the ROBO Global Artificial Intelligence Index (THNQ) recently rebalanced their portfolios to emphasize AI backbone hardware and physical automation. THNQ added semiconductor firms Marvell Technology and Cerebras Systems to strengthen its AI infrastructure exposure, while trimming softer cloud and software businesses like Hubspot and Costar Group. Meanwhile, ROBO expanded its focus on physical AI by adding lidar and computer vision company Ouster and industrial actuator Schaeffler AG, removing Shibaura Machine. These changes highlight a shift toward foundational AI hardware and intelligent physical automation, reflecting evolving tech trends in AI deployment.
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...
The Goldman Sachs Future Tech Leaders Equity ETF (GTEK) has delivered a 48.9% return year-to-date, nearly doubling the 25% return of the Vanguard Information Technology ETF (VGT). Unlike VGT, which heavily invests in mega-cap tech giants like Nvidia,...
