XT News and Press, iShares Exponential Technologies ETF From 07/22/23

2023-07-22 01:15:00 ET Summary We noted in one of our recent commentaries that the very narrow leadership of a small number of mega cap tech stocks seemed to be broadening out to other corners of the market. It’s a good time to revisit this idea, partly because earnings rep...

2023-07-20 08:55:24 ET BlackRock said Wednesday that it remains bullish on artificial intelligence but also warned that market participants need to become selective when it comes to choosing individual names. “We see room to run for the AI theme but are focused on taking a more s...

2023-07-19 10:45:20 ET Global X said Wednesday that it remains bullish about specific market opportunities in the second half of the year, specifically pointing to artificial intelligence as a key source of potential growth. “We believe investors have reasons for optimism in the ...

2023-07-13 09:50:22 ET BlackRock outlined in their 2023 midyear outlook report to investors that markets currently provide an abundance of investment opportunities with one area being artificial intelligence. “AI-driven productivity gains could boost profit margins, especially of...

2023-07-11 10:55:56 ET Bank of America gave a bullish long-term outlook for exchange traded funds focused on the artificial intelligence sector, although the firm also noted near-term risks, such as broad market concerns tied to macro conditions and valuation worries. As a result, he firm i...

2023-07-10 11:30:00 ET Summary Higher expected corporate earnings mask broad pressure under the surface. We see more earnings pain ahead and look for opportunities at the sector level. U.S. Treasury yields surged and stocks dipped last week. Data confirmed the U.S. labor market is...

2023-07-10 05:30:00 ET Summary Financial and tech sectors face weak comparisons from late 2022, while the energy sector faces stronger comparisons and good growth from late 2022. The 'pandemic' influence will ripple through the S&P 500 numbers through the end of 2023. Fina...

2023-07-10 04:36:00 ET Summary The forward 4-quarter estimate (FFQE) saw its quarterly bump this week, with the FFQE jumping to $230.26 from last week’s $224.01. Financials always lead off earnings season, and Q2 ’23 will be no exception, with the larger-cap financia...

2023-06-24 05:36:00 ET Summary The S&P 500 has been climbing higher in recent weeks, thanks almost entirely to surging mega-cap stocks that are riding the ripple effects of AI hysteria. The S&P 500 has been on an impressive run, rising approximately 13% this year. However,...

2023-06-23 23:35:00 ET Summary The performance of tech and other growth-related stocks has indeed been impressive this year. he Russell 1000 Growth index, as of the June 22 close, was up around 26.4 percent since January 1, while its counterpart the Russell 1000 Value index was up...