FTEC News and Press, Fidelity MSCI Information Technology Index From 03/25/20

The tech industry has always prided itself - and for good reason - on describing and building products, services, and even business models that look to the future. In fact, the technologies behind many of today's advances are arguably helping define our future. Because of that, it's become qui...

By Daniel Shvartsman Listen to or subscribe to The Investing Edge on these podcast platforms: Apple Podcasts Spotify Google Play Stitcher Seeking Alpha As the coronavirus bear market continues to roil investors, it felt like an opportune time for ...

"The market is in our view currently pricing a deep recession for the entire year, with no anticipation of light at the end of the tunnel. Reconciling consensus expectations from a bottom-up perspective and the recent price action, which has a more top-down perspective, we believe that the w...

By Lei Qiu Even as the coronavirus dominates headlines about China, the tech war with the US has rumbled on. Despite the fallout that has rippled through US tech stocks, investors should consider the fringe benefits to certain parts of the sector. Technology companies are facing daunting...

Russ explains why it's not yet time to sell those tech shares. Technology shares are once again leaving everything else in the dust. Year-to-date, the MSCI Information Technology sector, led by U.S. tech, is beating the broader market by over 5% and is ahead of laggards, notably energy, by...

Significant technological advancements and societal shifts occurred during the 2010's decade. Yet many of these developments became so quickly engrained in our daily lives that they often went relatively unnoticed, and their impact all but forgotten. Over this next decade, the 2020s, we expect...

Despite the coronavirus concerns that have hit commodity markets and, in turn, energy and basic materials stocks, U.S. tech stocks have posted strong returns to start the year. This continues their impressive streak from 2019. But are the current tech valuations sustainable? In a recent mark...

US equity sector performance in 2020 is a study in contrasts. At the high end of year-to-date results: technology shares. Meanwhile, energy continues to suffer as the big loser, based on a set of ETF proxies. Technology Select Sector SPDR (XLK) has surged 8.1% year to date through Tuesday's ...

While (thanks to Bespoke) much of the Street and the financial media have picked up on the mega-cap concentration within the SP 500, with the top 5 names now being 17.3% of the SP 500's total market cap, per Bespoke's Sector Snapshot as of Thursday, January 16th, 2020. What's more fascinatin...

In our annual visit to CES, one of the world's largest gatherings of new electronics and vehicles, we met with CEOs and product managers to discuss their latest innovations in disruptive trends like the internet of things, electric and autonomous vehicles, robotics, and video games. While in p...