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XITK News and Press, SPDR FactSet Innovative Technology From 10/06/20

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Company Name: SPDR FactSet Innovative Technology
Stock Symbol: XITK
Market: NYSE

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XITK - Disruptive Technologies Are Enabling The Re-Opening Economy

Sandwiched between the two extremes of the largely shut-down Stay-at-Home Economy and a fully opened New Normal Economy, the Re-Opening Economy is an uncertain, transitional phase. We have identified multiple themes that we believe play an essential role in achieving these goals, incl...

XITK - Sector Weight Loss

The Technology sector has been the hardest hit group since the S&P 500's last all-time high on September 2nd. As a result of those declines, the sector's weighting in the S&P 500 has dropped roughly 1.5 percentage points from 28.85% down to 27.35%. The Technology sector ha...

XITK - 3 Reasons Why This Isn't Another 'Tech Bubble'

By Kristina Hooper, Chief Global Market Strategist Weekly Market Compass: Key themes have emerged during the pandemic that may support long-term tech growth. It feels like investors have been on a wild ride over the past week as tech stocks plunged, dragging down major global indexes...

XITK - The COVID Price Compression In Technology

If I had to summarize my view of the Efficient Market Hypothesis, it would be this: Markets tend to be more inefficient in the short term and more efficient in the long term. One way of thinking about this is that the information we obtain in the short term tends to be incomplete. So, in...

XITK - The Tech Stock Party Looks Like Fun; Thanks For Inviting Me

I don't get invited to many fun parties, so the fact that I get hundreds of invites to the tech stock party every single day makes me feel special. It's so nice that complete strangers, who don't even know me, want me to have as much fun as they are. My storybot friends at Bezinga, Zacks, Si...

XITK - Debunking The Myths Of 'High-Priced' Tech Stocks

By Lei Qiu As technology stocks of all shapes continue to surge, many investors are questioning whether they're now overpriced. But even at high valuations, we think the tech landscape is still dotted with long-term growth potential. Technology stocks seem unstoppable. Giants like Apple ...

XITK - Pending Fall Tech Releases Bring Excitement And Hope For Normalcy

OK, at this point it's clear that 2020 is the year that many people are just going to want to forget. Between the COVID-19 pandemic, economic recession, social unrest, political chaos and, for those of us in the Northern California/Silicon Valley area, now a huge series of wildfires, it's not ...

XITK - The Rise Of The Auto-Refill Economy

The Commerce Department released July's retail sales last week, showing an increase in seasonally adjusted retail spending - up 1.2 percent overall last month, but down from the 8.4 percent growth in June. Analysts reported that physical retail sales, seasonally adjusted, were up 2.7 percent...

XITK - Would Breaking Up 'Big Tech' Work? What Would?

We're clearly going to be arguing about the size, power and market share of large technology companies a great deal in the next couple of years. Many of the underlying concerns we have around technology are complicated, and involve deep-seated trade-offs where we actually have to make choices,...

XITK - Big Tech Continues To Post Big Earnings Amid Coronavirus Downturn

The big U.S. tech companies reported quarterly earnings and topped analyst estimates, as the pandemic pushed consumers to rely more on personal devices. Anthony Okolie speaks with Vitali Mossounov, Global Technology Analyst, TD Asset Management, about whether tech's rise is likely to cont...

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