IRBO News and Press, iShares Robotics and Artificial Intelligence From 06/09/23

2023-06-09 07:36:00 ET Summary Healthcare companies are beginning to explore how artificial intelligence might unlock efficiencies for patients and medical systems. Companies that put cash to work by investing in innovation are signaling efforts to secure consistent long-term prof...

2023-06-09 02:00:00 ET Summary Recent clinical trial success for the second significant, disease-modifying drug to treat Alzheimer’s is a critical milestone and a positive sign for the future of neuroscience. Technological advancements, particularly artificial intelligence ...

2023-06-07 08:30:00 ET Summary The first few years of the 2020s have seen a number of acute economic, financial, and geopolitical disruptions on a worldwide scale, and it will take time for the ultimate consequences of these shocks to be fully felt. With the era of volatility-supp...

2023-06-06 06:20:00 ET Summary The new AI world is for real but beware of some of these recent price run-ups. It is normal to see a 50% retracement of any sharp price increases. The OPEC+ meeting on June 4th could be pivotal, even though no big news came out of it. Russia has been...

2023-06-02 18:31:41 ET Summary The beginning of 2023 was marked by a significant step toward the development and implementation of artificial intelligence, or AI. I believe that the evolution of artificial intelligence seems inevitable, while its widespread diffusion and gradual a...

2023-06-02 06:05:00 ET Summary Overall stock market performance has been a mixed bag at best. Adding to investor anxiety is the debt ceiling negotiations. The surge in stock prices this year can be, in large part, attributed to the performance of the top 1% of stocks in the S&...

2023-05-27 05:49:36 ET Summary Basically, this is the very news that the tech industry had hoped for after seeing steep  drops in valuations for some firms. 'US equities are being powered by the bet on AI because of high exposure to tech mega-caps,' says Bloomberg of Citibank...

2023-05-27 02:25:00 ET Summary The US stock market is having itself a pretty decent year so far in 2023, all things considered. This week we focus on another unusual characteristic of the stock market – the extreme narrowness of outperformance, dominated almost exclusively ...

2023-05-26 22:14:00 ET Summary The S&P 500 has been closing in on new 52-week highs as the index gains another 1.3% heading into the long weekend. Indicating what has broadly been mediocre breadth at best, the only two sectors with relative strength lines that are currently mo...

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...