- ( 1:00) – Damaging Down The Overview For The Innovation Industry: Will The Existing Technology Rally Continue?
- ( 5:45) – The AI Race: That Will Prevail?
- ( 9:30) – Which Technology Supplies Should You Continue Your Radar Today?
- ( 13:45) – Wedbush ETFMG International Cloud Innovation ETF: IVES
- ( 15:10) – Episode Summary: XLK, QQQ, QQQM, HACK, IHAK, CIBR
- [email protected]
In this episode of ETF Limelight, I speak to Dan Ives, Taking Care Of Supervisor at Wedbush Stocks, concerning the marketplace overview for technology supplies after durable gains in the initial quarter.
The Nasdaq 100 rose greater than 20% in its finest quarter because the 2nd quarter of 2020. Technology supplies have actually surpassed this year as capitalists think that the Fed might quit increasing prices quickly. These supplies additionally took advantage of their safe-haven standing in the middle of financial chaos.
Apple AAPL obtained 30%, while NVIDIA NVDA and also Tesla TSLA rose greater than 90% and also 80% specifically. Their greatest quarterly gains in years followed a high selloff in the market in 2015.
Microsoft MSFT is making a multiyear, multibillion-dollar financial investment in OpenAI, the developer of ChatGPT. According to Chief Executive Officer Satya Nadella, AI is the greatest point to occur to the business in the 9 years because he took control of.
Alphabet GOOGL has actually been spending billions in AI over the previous years, however its chatbot underwhelmed capitalists. NVIDIA chief executive officer Jensen Huang stated just recently that AI modern technology has actually gotten to an inflection factor.
That will win the AI arms race?
Dan thinks Apple is a “Rock of Gibraltar” supply that will certainly remain to take advantage of continual need for apples iphone and also future solutions income. He additionally suches as cybersecurity and also cloud supplies like Palo Alto Networks PANW and also CrowdStrike CRWD.
The ETF Wedbush ETFMG International Cloud Innovation ETF IVES buys the “covert treasures” of cloud-based modern technology.
Listen to the podcast to find out more.
Ensure to be in search of the following version of the ETF Limelight! If you have any kind of remarks or concerns, please e-mail [email protected].
Disclosure: Wedbush is a market manufacturer in a few of the safety and securities reviewed over. For a complete checklist click HERE
Want essential ETF information provided right to your inbox?
Zacks’ complimentary Fund E-newsletter will certainly orient you on the top information and also evaluation, in addition to top-performing ETFs, weekly.
Apple Inc. (AAPL) : Free Stock Analysis Report
Microsoft Corporation (MSFT) : Free Stock Analysis Report
NVIDIA Corporation (NVDA) : Free Stock Analysis Report
Tesla, Inc. (TSLA) : Free Stock Analysis Report
Palo Alto Networks, Inc. (PANW) : Free Stock Analysis Report
Alphabet Inc. (GOOGL) : Free Stock Analysis Report
CrowdStrike (CRWD) : Free Stock Analysis Report
Wedbush ETFMG Global Cloud Technology ETF (IVES): ETF Research Reports
To read this article on Zacks.com click here.
The sights and also point of views revealed here are the sights and also point of views of the writer and also do not always mirror those of Nasdaq, Inc.
