ROBT News and Press, First Trust Nasdaq Artificial Intelligence and Robotics ETF

2024-07-03 09:41:00 ET Summary Global stocks posted healthy gains in the first half of 2024, although second quarter performance moderated from the previous quarter’s breakneck pace. In a trend that has become familiar to equity investors, large-cap market breadth was again...

2024-07-03 08:00:00 ET Summary The economy underneath has been very strong, and that’s really what’s enabled the Fed to actually push out those interest rate cuts. The best performing sector has been technology with all of the AI powering the technology gains. Th...

2024-07-03 05:10:00 ET Summary Crescat is a global macro asset management firm. We develop tactical investment themes based on proprietary value-driven models. Our mission is to grow and protect wealth by capitalizing on the most compelling macro themes of our time. Many will argu...

2024-07-03 01:05:00 ET Summary The academic framework suggests that AI will complement and augment human work rather than fully replace it. Anecdotal evidence shows that AI can increase productivity for certain tasks, such as coding. Freelance positions, like copywriting, may ...

2024-07-02 17:30:00 ET Summary Astonishingly, the top five giants of the S&P 500 now account for a staggering 27% of the entire index. I remember when I first started working in the financial services industry how glamorous it appeared to be a stockbroker, day-trading in the l...

2024-07-02 16:46:31 ET U.S. Federal Reserve chair Jerome Powell on Tuesday said that the central bank was looking into the possible effects of generative artificial intelligence (AI) on productivity, inflation and the labor market. ... Read the full article on Seeking Alpha ...

2024-07-02 15:30:00 ET Summary Growth in the U.S. economy continues to come in above expectations, despite elevated interest rates, weakness in some major international economies, and a drawdown of consumer savings. Although real GDP growth slowed in the first quarter of this year...

2024-07-02 06:30:00 ET Summary The AI phenomenon has officially reached the gold rush state. I do not see a long list of undervalued non-AI companies. The gold rush has room to run. Near the end of the dot-com bubble in 2000, my business partner and I stumbled on...

2024-07-01 08:20:00 ET Summary Energy stocks were the best performer of the week, up 2.4% as crude oil rose 1%. On a sector basis, only three sectors beat the index this quarter, and all of them are AI-related in some way. Diversified strategies and the S&P 500 really star...

2024-06-30 12:50:00 ET Summary The first half of 2024 is drawing to a close today, and we have one more half year to go. The first six months of the year were perhaps most notable for steadily weaning the bond market off its fantasies of multiple rate cuts. All else being equa...