IGM News and Press, iShares Expanded Tech Sector From 03/28/23

2023-03-28 03:28:00 ET Summary 14 constituents in the S&P 500 have been impacted by a GICS Classification change which was originally announced in December 2022. Financials saw the largest change, with 8 of these constituents move from Information Technology into Financials. ...

2023-03-25 08:00:00 ET Summary With turmoil in the banking sector spreading to the broader market, many investors are seeking safety in large-cap stocks, including large-cap technology stocks. Within large-cap technology, semiconductor stocks have done particularly well. At th...

2023-03-24 23:53:00 ET Summary Although the S&P 500 is up 2.84% on the year as of yesterday’s close, only three of the eleven sectors are higher. Consumer Discretionary posted the smallest gain of 10%; Technology and Communication Services have risen 17.2% and 18.1%, re...

2023-03-24 23:14:35 ET Summary Higher interest rates and worries about banking system stability and a recession have rocked the market and caused the energy and financial Sectors to sell off. Surprisingly enough to some investors, the technology sector has been the outperformer ye...

2023-03-24 15:19:28 ET Microsoft has strong fundamentals and good growth prospects, driven by Cloud and AI For further details see: AI technology has created 'new table stakes' for Big Tech - Hummer Winblad's Ann Winblad

2023-03-24 14:37:24 ET iShares Expanded Tech Sector ETF ( NYSEARCA: IGM ) - $0.3417 . 30-Day SEC Yield of 0.38% as of Feb. 28. Payable Mar 29; for shareholders of record Mar 24; ex-div Mar 23. For further details see: iShares Expanded Tech Sector ETF declares...

2023-03-22 08:54:00 ET Summary Technology and healthcare are good examples of sectors that can play different equity-allocation roles than you might expect. Unlike income-oriented defensive sectors, which are sensitive to changes in interest rates, some of the highest-quality low-...

2023-03-21 14:06:55 ET With a bullish stance on the FAANG stocks, Daniel Flax, Neuberger Berman senior research analyst, predicted Tuesday the markets will be focused on the innovation and growth potential of Google ( NASDAQ: GOOG ) ( NASDAQ: GOOGL ), Amazon ( NASDAQ: AM...

2023-03-21 10:32:00 ET Summary With about $500 billion in outflows from the smaller banks, if one were to estimate the total value of all emergency facilities from the Fed and other agencies – even though that number is changing by the day – one can say that the Fed tigh...

2023-03-20 15:15:00 ET Summary SVB collapse, consequences, and implications for technology. Role of productivity improvement in addressing inflation. What we learned from industrial tech earnings - identifying focus areas within our macro framework. The collapse of t...