An investor with a contrarian, high-risk style shared details of his tech-heavy portfolio, focusing on speculative stocks benefiting from a memory chip rally. He highlighted a split between quality tech leaders and lower-quality momentum stocks, explaining his preference for the latter despite their fragility. The investor also discussed the April jobs report and core CPI data, suggesting these economic indicators could support interest rate cuts later this year. He emphasized the speculative nature of his holdings and the risks if the memory rally fades.
REX Shares has filed for the REX AI Chipmaking ETF, targeting the booming $1.3 trillion AI infrastructure sector. The fund tracks the VettaFi AI Chipmaking Index, focusing on companies involved in wafer fabrication equipment, advanced packaging, and ...
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...
