IRBO News and Press, iShares Robotics and Artificial Intelligence From 05/25/23

2023-05-25 01:30:00 ET Summary Leading economic indicators (LEIs) are still pointing to a likely recession in the US. You wouldn't know it by the behavior of the stock market, however, given the massive bull run in tech stocks so far this year. Unfortunately, the majority of c...

2023-05-24 10:26:38 ET The discussion and focus around artificial intelligence has inspired another exchange traded fund issuer to launch an AI focused fund. On Wednesday, Wall Street received the QRAFT AI-Pilot U.S. Large Cap Dynamic Beta and Income ( NYSEARCA: AIDB ). The...

2023-05-23 14:15:00 ET Summary A rally on narrow breadth indicates limited participation, and the chances of failure are above average. The largest stocks in the index by market capitalization have been holding the index in positive territory. As investors, it is essential to ...

2023-05-18 06:30:00 ET Summary Since 2017, AI adoption has more than doubled globally as companies have embraced the potential that the technology unlocks. AI is under development at multiple large companies for a variety of purposes, including most large technology and technology...

2023-05-17 00:15:00 ET Summary One of the most promising applications of AI in drug discovery is in the identification of new drug targets (AI can be used to discover new drugs). The ability to analyze large amounts of molecular and genomic data quickly and efficiently is somethin...

2023-05-16 17:03:00 ET Summary The latest tech earnings: better than feared. The shift by big tech to AI and what it means for the sector. AI has already started impacting jobs at tech firms. The big tech names have outperformed expectations this year, and th...

2023-05-16 14:35:00 ET Summary Both the Consumer Price Index and Producer Price Index data for April confirmed that the strong but lumpy disinflationary trend continues. The US is now at a point where the Fed funds rate exceeds inflation. Historically that has signaled the end of ...

2023-05-16 11:00:00 ET Summary The financial media and headlines are abuzz with stories of generative AI and the subsequent industrial revolution. We are experiencing another of these speculative booms as Generative AI grips investors’ imaginations. A lot of money will ...

2023-05-12 14:01:47 ET Summary AI is here and powerful but profits are less certain. There are no real pure-plays. AI-adjacent companies have become overvalued. The frequency of bubbles is increasing along with the size to which they get inflated. Increased prevalenc...

2023-05-11 13:29:37 ET Artificial Intelligence has been one of the big buzzwords of 2023 and the Global X Robotics & Artificial Intelligence ETF ( NASDAQ: BOTZ ) has taken notice as the exchange traded fund touched a new 52-week trading high on Thursday. While BOTZ trad...