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Alphabet’s GOOGL is flexing its muscles against Microsoft MSFT to gain a strong footprint in the booming chatbot space.Microsoft has taken the world by storm, courtesy of the huge acceptance of ChatGPT from Open AI across the glob

Generative Artificial Intelligence is disrupting nearly every industry, from healthcare to entertainment (where it helped spark a writer's and actor's strike), but regardless of the application or industry, its impact may be felt most intensely in the cloud computing landscape.

The S&P 500 and the Dow edged up on Monday, as investors awaited quarterly results from industry heavyweights through the week, while Apple and Tesla boosted the tech-heavy Nasdaq.

(RTTNews) - Microsoft Corp., which is proceeding with its move to buy video game maker Activision Blizzard Inc., said it has signed a binding agreement with Sony Corp. to keep Call of Duty on PlayStation following the proposed acquisition.

Cathie Wood's flagship ARK Innovation ETF has rebounded in 2023 and some of her holdings including Tesla have more than doubled during this period. Meta Platforms and Teladoc Health look like two Wood stock worth buying at these levels, while Coinbase appears a sell.

September S&P 500 futures (ESU23) are down -0.04%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.09% this morning as market participants digested the latest economic data from China while looking ahead to a busy week of corporate earnings.

Wall Street's main stock indexes were on course for a lower open on Monday after last week's strong gains, as investors stayed on the sidelines ahead of quarterly results from industry heavyweights through the week.

In what amounts to some fun for indexing and something advisors and investors should be aware of, Nasdaq recently announced it is rolling out a special rebalance of the Nasdaq-100 Index (NDX). That’s relevant to advisors and investors engaged with the Invesco QQQ (QQQ) and the Invesco NASDAQ 100 ETF (QQQM) – both of which [...] Read more at ETFtrends.com.

When many investors think of tech stocks, they think of high growth potential, particularly in a short amount of time. While that can happen, you don't want to invest with only that thought in mind. You want to focus on the long-term potential of a company.

The Nasdaq-100 index ( NDX ) will undergo a “Special Rebalance” before the market opens on Monday, July 24, 2023. In simple terms, rebalancing means that the index will readjust the weight of its components. Several ETFs, including the famous Invesco QQQ Trust ( QQQ ) ETF ( Exchange-Traded fund) that have the NDX index as their benchmark, will be impacted as they are required to make adjustments to their portfolios. However, investors shouldn’t worry much as the move doesn’t include removing or adding any securities.  The rebalancing intends to lower the Nasdaq-100 Index’s concentration in a handful of mega-cap stocks. For instance, the buzz around Generative  AI (Artificial Intelligence) and overall buying in shares of large technology companies, including Apple ( NASDAQ:AAPL ), Microsoft ( NASDAQ:MSFT ), Nvidia ( NASDAQ:NVDA ), Meta Platforms ( NASDAQ:META ), Amazon ( NASDAQ:AMZN ), and Alphabet ( NASDAQ:GOOGL )( NASDAQ:GOOG ) have increased their weightage in the Nasdaq-100 Index.  Thus, through rebalancing, the index will be redistributing the weight of these large companies to lower overconcentration risk. Meanwhile, ETFs will have to sell some of their holdings to realign their portfolio and reallocate these funds to other stocks in the portfolio.  Is QQQ a Buy or a Sell? The announcement of the rebalancing of the Nasdaq-100 Index didn’t have any negative impact on QQQ’s price. The ETF inched up around 3.5% in the past five trading days. Overall, the ETF is up about 43% on a year-to-date basis. The QQQ ETF has an  Outperform Smart Score of eight on TipRanks, suggesting it has the potential to outperform the broader market averages. Moreover, per the recommendations of 1,732 analysts giving stock forecasts for the  holdings of QQQ, the 12-month average  Invesco QQQ Trust ETF price target of $397.12 implies 4.76% upside potential from current levels. Also, the ETF carries a Moderate Buy consensus rating on TipRanks. Among these analysts (providing ratings on its holdings), 66.51% have given a Buy rating, 29.73% have assigned a Hold rating, and 3.75% have given a Sell rating. Disclosure 

U.S. stock index futures edged lower on Monday after last week's strong gains, as investors stayed on the sidelines ahead of quarterly results from industry heavyweights through the week.

If you're interested in broad exposure to the Large Cap Growth segment of the US equity market, look no further than the Invesco Dynamic Large Cap Growth ETF (PWB), a passively managed exchange traded fund launched on 03/03/2005.

Launched on 06/12/2008, the Invesco NASDAQ Internet ETF (PNQI) is a passively managed exchange traded fund designed to provide a broad exposure to the Technology - Internet segment of the equity market.

If you're interested in broad exposure to the Technology - Broad segment of the equity market, look no further than the Vanguard Information Technology ETF (VGT), a passively managed exchange traded fund launched on 01/26/2004.

September S&P 500 futures (ESU23) are down -0.14%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.03% this morning as market participants digested the latest economic data from China while looking ahead to a busy week of corporate earnings.

Around a decade after virtual assistants like Siri and Alexa burst onto the scene, a new wave of AI helpers with greater autonomy is raising the stakes, powered by the latest version of the technology behind ChatGPT and its rivals.

September S&P 500 futures (ESU23) are down -0.04%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.06% this morning as market participants digested the latest economic data from China while looking ahead to a busy week of corporate earnings.

U.S. stock index futures were subdued on Monday after last week's gains, as investors geared up for quarterly results from industry heavyweights through the week.

It could have been worse, is about the best that can be said of China's data dump today. The Q2 GDP number of +0.8% q/q just pipped forecasts, but y/y undershot at 6.3% suggesting revisions somewhere to the past.

Microsoft has signed an agreement to keep Call of Duty on PlayStation following the acquisition of Activision Blizzard, Microsoft Gaming CEO Phil Spencer said in a tweet on Sunday.