logo
#

Latest news with #Investments

ETFs to Play on AI's Growing Momentum
ETFs to Play on AI's Growing Momentum

Globe and Mail

time14-07-2025

  • Business
  • Globe and Mail

ETFs to Play on AI's Growing Momentum

Increasing investments in the AI and Tech market were a dominant theme on Wall Street last year, and the momentum shows no signs of slowing in 2025. This sustained momentum presents a compelling opportunity for investors, as ongoing initiatives and innovation continue to drive growth in the U.S. AI and technology market. Nvidia NVDA shares surged on Wednesday, briefly pushing its market cap above $4 trillion for the first time. This underscored growing investor and market enthusiasm surrounding the AI sector. Nvidia has now become the world's most valuable company, overtaking Microsoft MSFT and Apple AAPL, both of which previously hit the $3 trillion mark, hinting at the outsized influence of tech and tech-related firms on the broader market. This milestone not only highlights the accelerating momentum behind the AI and tech rally but also reflects the immense significance of the AI chipmaker and the technology sector to the broader stock market. According to Reuters, Nvidia's rally further highlights the rising dominance of the technology sector, which has become the largest component of the S&P 500. In fact, the tech sector's share of the index has grown to nearly one-third of total market value. Massive AI Investments to Propel U.S. Toward Tech Dominance With the global AI market projected to surpass $1 trillion by 2031, the field is emerging as an increasingly attractive investment opportunity. According to Statista, the U.S. AI market is expected to witness a CAGR of 26.95% from 2025 to 2031, reaching a valuation of $309.7 billion by 2031, cementing its position as the largest AI market globally. In addition to the optimistic growth forecasts, President Trump has repeatedly emphasized his ambition to make the United States the global leader in AI. This stance further reinforces the country's position as an ideal destination for AI-related investments. Experts remain bullish on the AI infrastructure trade, as global investors ramp up their commitments to the U.S. AI market. SoftBank's Masayoshi Son's proposal for the $1 trillion Arizona hub and President Trump's earlier announcement of the $500 billion 'Stargate' initiative highlights the growing momentum behind AI investments in the U.S. market. ETFs to Explore Below, we highlight funds that investors may consider to capitalize on the AI momentum. AI ETFs Increasing exposure to AI-focused funds presents a compelling opportunity for investors, driven by the growing momentum behind the AI and Tech market in the United States. These developments, along with robust market forecasts, make AI and tech-related ETFs a strategic addition to portfolios with long-term investment horizons. Investors can consider iShares U.S. Technology ETF IYW, Fidelity MSCI Information Technology Index ETF FTEC, Global X Artificial Intelligence & Technology ETF AIQ and iShares Global Tech ETF IXN and Global X Robotics & Artificial Intelligence ETF BOTZ. With a one-month average trading volume of about 795,000 shares, AIQ is the most liquid option, ideal for active trading strategies. IYW has also gathered an asset base of $22.08 billion, the largest among the other annual fees, FTEC is the cheapest option, charging 0.08%, more suitable for long-term investing. Uranium ETFs As demand for AI soars and clean energy needs grow, tech giants are turning to nuclear power to fuel energy-intensive data centers to train and operate the large-scale AI models used in generative AI applications. Data centers are energy-intensive, with AI applications consuming even more energy than traditional computing. As a result, most tech giants are shifting toward renewable energy to meet their growing energy needs and exploring nuclear energy as a power source. With an increasing focus on nuclear energy and uranium demand set to grow substantially, uranium ETFs are also an appealing strategic portfolio addition for the long term. Investors can consider Global X Uranium ETF URA, VanEck Uranium+Nuclear Energy ETF NLR, Sprott Junior Uranium Miners ETF URNJ and Themes Uranium & Nuclear ETF URAN to capitalize on the uranium market's upside potential. Want key ETF info delivered straight to your inbox? Zacks' free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Apple Inc. (AAPL): Free Stock Analysis Report Microsoft Corporation (MSFT): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report Fidelity MSCI Information Technology Index ETF (FTEC): ETF Research Reports iShares U.S. Technology ETF (IYW): ETF Research Reports Global X Robotics & Artificial Intelligence ETF (BOTZ): ETF Research Reports iShares Global Tech ETF (IXN): ETF Research Reports VanEck Uranium and Nuclear ETF (NLR): ETF Research Reports Global X Uranium ETF (URA): ETF Research Reports Sprott Junior Uranium Miners ETF (URNJ): ETF Research Reports Themes Uranium & Nuclear ETF (URAN): ETF Research Reports

Sam Altman Is Up, Tim Cook Is Down: Big Tech's Trump Scorecard
Sam Altman Is Up, Tim Cook Is Down: Big Tech's Trump Scorecard

Wall Street Journal

time11-07-2025

  • Business
  • Wall Street Journal

Sam Altman Is Up, Tim Cook Is Down: Big Tech's Trump Scorecard

Tech companies have been some of the most aggressive in trying to appeal to President Trump, whose policies stand to shake up antitrust, trade and other areas important to the industry. Executives and companies donated millions of dollars to Trump and have announced billions of dollars in new investments. Here is a look at how Big Tech is doing nearly six months into the Trump administration. This explanatory article may be periodically updated.

Minister launches saplings plantation drive on birthday
Minister launches saplings plantation drive on birthday

Hans India

time06-07-2025

  • General
  • Hans India

Minister launches saplings plantation drive on birthday

Banaganapalle: Commemorating his birthday, Minister for Roads & Buildings, Investments, and Infrastructure, BC Janardhan Reddy, launched a large-scale tree plantation programme titled Haritha Banaganapalle on Saturday. The initiative, aimed at transforming Banaganapalle into a green and eco-friendly town, was spearheaded by the Minister and his wife B C Indiramma, who personally funded the purchase of saplings and plant containers worth Rs 30 lakh. The event commenced with a rally from the Minister's camp office to the local petrol bunk circle, drawing participation from students, government employees, coalition leaders and residents. A public meeting which was held at the rally's culmination point was attended by Nandyal District Collector G Rajakumari, who joined the Minister and his wife in planting saplings at the government hospital premises. Speaking at the gathering, Minister Janardhan Reddy emphasised the importance of restoring Banaganapalle's lost greenery and transforming it from a 'concrete jungle' into a model green town. He noted that around 5,000 rare and high-quality saplings were specially sourced from the Kadiyam nurseries of East Godavari district for this initiative. As part of the programme, saplings were planted along road dividers, in public institutions, hospitals and schools. The Minister called upon citizens to take ownership of the plants by nurturing them into full-grown trees, adding that community involvement is critical to the success of such environmental efforts. He also reiterated the town's progress in becoming plastic-free, a campaign launched six months ago under the leadership of B C Indiramma, and urged the remaining commercial establishments to join hands in achieving 100% plastic elimination. District Collector G Rajakumari lauded the Minister's commitment to sustainability and the enthusiastic participation of students and youth in the event. She stressed that meaningful change begins at the local level and praised the town's continued efforts to promote clean air, water and a healthy environment.

Banaganapalle set to become model for P4 implementation: Min Janardhan
Banaganapalle set to become model for P4 implementation: Min Janardhan

Hans India

time04-07-2025

  • Business
  • Hans India

Banaganapalle set to become model for P4 implementation: Min Janardhan

Banaganapalle: Minister for Roads & Buildings, Investments, and Infrastructure, BC Janardhan Reddy, emphasized the need for coordinated efforts to achieve the targets of Swarna Andhra Vision-2047 in Banaganapalle constituency. Addressing the first Vision Action Plan Committee meeting held at the Mandal Parishad Office on Thursday, the minister directed officials to design a clear and comprehensive roadmap for local implementation. Senior officials from various departments, RDOs, MPDOs, representatives from Ramco, Jai Jyothi, and UltraTech Cements, along with secretariat staff and Swarna Andhra Vision Committee members, were present. Minister Reddy stated that the P4 initiative (Public–Private–People Partnership for Progress), conceptualized under the leadership of Chief Minister N Chandrababu Naidu, aims to bridge the socio-economic gap between the rich and the poor. He stressed that inclusive development is only possible when communities, industrialists, officials, and elected representatives come together to support marginalized families at the grassroots level. The minister expressed confidence that such collaborative efforts would accelerate progress toward realizing the goals of the Swarna Andhra 2047 vision. As part of the P4 programme, a survey conducted by secretariat staff across five mandals in the constituency has identified 6,500 'Golden Families.' To support these families, 157 mentors have been selected and linked with them. Appreciating the mentors for their proactive participation, the minister instructed officials to expand outreach efforts and encourage more financially capable individuals—including landowners, businesspersons, NRIs, and professionals—to participate in the adoption programme and support more families. The minister also underscored the importance of skill development for unemployed members within the identified families. Citing employment opportunities in local cement industries, he advised the District Skill Development Authority to focus on job-specific training in areas like machinery operation, fitting, and turning. Highlighting the moral responsibility of industries that had acquired land from farmers, he called on them to prioritize offering jobs to those families. He concluded by urging officials to make Banaganapalle a role model for P4 implementation in the state, ensuring sustained and inclusive socio-economic progress.

Deutsche Glasfaser Turns to Preferred Equity to Tempt Investors
Deutsche Glasfaser Turns to Preferred Equity to Tempt Investors

Bloomberg

time03-07-2025

  • Business
  • Bloomberg

Deutsche Glasfaser Turns to Preferred Equity to Tempt Investors

German telecommunications company Deutsche Glasfaser is seeking to lure investors with better terms in its €1 billion ($1.2 billion) fundraising process, after an initial push to raise common equity fell flat. The firm, owned by private equity group EQT AB and Canadian pension fund Omers, is aiming to raise about €500 million of preferred equity in the coming weeks to finance its business plan, according to people familiar with the matter, who asked not to be named because they aren't authorized to talk about it. And the rest will be raised at a later stage, one of the people said, adding that the coupon will likely be in the low teens.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store