BOTZ News and Press, Global X Robotics & Artificial Intelligence ETF From 07/10/24

2024-07-10 10:05:00 ET Summary We upgrade our macroeconomic outlook based on continued strength in the U.S. economy, but remain cautious on still high inflation. Our expectation for just two rate cuts leaves us committed to quality for the rest of the year, but pockets of opportun...

2024-07-06 21:11:00 ET More on Alphabet Google: The Cheapest Stock In The Magnificent 7 Google's Accelerated Path To $3 Trillion Market Cap Google Is Making All-Time Highs And Has Massive Forward Potential Read the full article on Seeking Alpha For fu...

2024-07-03 22:30:00 ET Summary Closing out the first half of 2024, the S&P 500 Total Return Index (which includes dividend reinvestment) is up an incredible +15.3%. According to Apollo asset management, Nvidia accounted for a record-breaking 34.5% of the total return in the S&...

2024-07-03 12:01:29 ET More on Global X Robotics & Artificial Intelligence Thematic ETF: BOTZ: Patience Is A Virtue BlackRock stays overweight U.S. stocks thanks to the AI fueled theme Wells Fargo says AI is moving beyond tech and spotlights opportunities elsewhe...

2024-07-03 09:41:00 ET Summary Global stocks posted healthy gains in the first half of 2024, although second quarter performance moderated from the previous quarter’s breakneck pace. In a trend that has become familiar to equity investors, large-cap market breadth was again...

2024-07-03 08:00:00 ET Summary The economy underneath has been very strong, and that’s really what’s enabled the Fed to actually push out those interest rate cuts. The best performing sector has been technology with all of the AI powering the technology gains. Th...

2024-07-03 01:05:00 ET Summary The academic framework suggests that AI will complement and augment human work rather than fully replace it. Anecdotal evidence shows that AI can increase productivity for certain tasks, such as coding. Freelance positions, like copywriting, may ...

2024-07-02 16:46:31 ET U.S. Federal Reserve chair Jerome Powell on Tuesday said that the central bank was looking into the possible effects of generative artificial intelligence (AI) on productivity, inflation and the labor market. ... Read the full article on Seeking Alpha ...

2024-07-02 15:30:00 ET Summary Growth in the U.S. economy continues to come in above expectations, despite elevated interest rates, weakness in some major international economies, and a drawdown of consumer savings. Although real GDP growth slowed in the first quarter of this year...

2024-07-02 12:45:00 ET Summary Nvidia recently reached a new milestone, surpassing $3 trillion in market capitalization. There are six ETFs with more than 10% exposure to Nvidia and more than $100 million of AUM: BOTZ, CHAT, SOXX, SMH, FTXL and SOXQ. SMH had the highest exposu...