The T Rowe Price Technology ETF (TTEQ), focused on global tech stocks including private firms like OpenAI, has outperformed major ETFs such as QQQM and IVV since inception and year-to-date. Despite strong performance driven by heavy NVIDIA exposure, the ETF carries a high beta of 1.7 and a downside capture ratio of 124.4%, indicating higher volatility and risk. Analyst Vasily Zyryanov rates TTEQ as a Hold, citing lack of clear growth-at-a-reasonable-price (GARP) traits and cautioning investors about its risk profile. However, it remains a potential option for those seeking growth-oriented tech exposure across both public and private companies.
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
