The ARTY ETF has surged 102% over the past year, fueled by investments in AI infrastructure companies like NVIDIA, AMD, and Broadcom. Its portfolio focuses on suppliers of AI compute hardware, making it sensitive to capital expenditure (capex) trends from major hyperscalers such as Microsoft, Meta, Alphabet, and Amazon. Investors should watch for any reductions in hyperscaler capex guidance or margin declines among ARTY’s core holdings, as these could signal a slowdown in AI demand and impact the fund’s valuation. The next key indicators will come from quarterly earnings reports and capex forecasts from these tech giants.
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,...
