FTXL News and Press, First Trust Nasdaq Semiconductor ETF From 06/29/23

2023-06-29 21:10:00 ET Summary There are some companies putting “AI” in their names, but it is not yet a huge number and they have real business reasons for doing so. Naturally, investors will look to track measures like the intensity with which firms are using AI or...

2023-06-27 16:34:03 ET First Trust Nasdaq Semiconductor ETF ( NASDAQ: FTXL ) - $0.1026 . 30-Day SEC Yield of 0.83% as of May. 31. Payable Jun 30; for shareholders of record Jun 28; ex-div Jun 27. For further details see: First Trust Nasdaq Semiconductor ETF d...

2023-06-26 07:00:00 ET Summary Persistent inflation is forcing central bankers to tighten more forcefully, risking a surge in yields and associated market and economic instability. Persistent inflation is forcing central bankers to tighten more forcefully, risking a surge in yield...

2023-06-24 05:36:00 ET Summary The S&P 500 has been climbing higher in recent weeks, thanks almost entirely to surging mega-cap stocks that are riding the ripple effects of AI hysteria. The S&P 500 has been on an impressive run, rising approximately 13% this year. However,...

2023-06-23 23:35:00 ET Summary The performance of tech and other growth-related stocks has indeed been impressive this year. he Russell 1000 Growth index, as of the June 22 close, was up around 26.4 percent since January 1, while its counterpart the Russell 1000 Value index was up...

2023-06-22 08:18:50 ET Summary First Trust Nasdaq Semiconductor ETF, just like peers SOXX and SMH, may face a retrenchment after a 29% upside in the last year, partly due to the Nvidia effect. Nvidia's A100 GPU chips, used in Microsoft's ChatGPT AI algorithms, have seen soaring de...

2023-06-21 13:30:00 ET Summary What gives us confidence in a 2H23 tech recovery. 1Q23 earnings takeaways: hardware bottomed, software to follow. As we get into 2H23, comps get significantly easier. What gives us confidence in a 2H recovery A downturn follows a ty...

2023-06-08 08:34:53 ET Summary FTXG selects 30-50 U.S. food and beverage securities based on gross income, return on assets, and price momentum. These screens went into effect on March 20, 2023. A change in strategy was necessary because FTXG was the worst-performing Consumer Stap...

2023-06-07 16:05:00 ET Summary Why Semiconductor stocks are enjoying a strong run. Why chips aren’t just a commodity anymore. The factors driving Nvidia higher. Some of the biggest names in the semiconductor space are investing billions of dollars to b...

2023-06-07 05:14:09 ET The World Semiconductor Trade Statistics or WSTS expects a double-digit downfall for the semiconductor market in 2023. However, 2024 looks brighter. The estimated market size could decline 10.3% to $515B in 2023. 2023 category-wise bifurcation shows&#...