When it comes to AI, most investors think of companies like Nvidia (NVDA) or Microsoft (MSFT). But what about those that don't want to bet on just one or two companies? ETF Think Tank Director of Research Cinthia Murphy says that many believe AI-focused ETFs are an "attractive" option for investors because "you get the diversification, you're not putting all your chips on one horse, you're kind of betting on the race in general." Murphy adds that ETFs can provide options for those who want invest in the broad AI theme or for those who are maybe looking for a more specific AI angle. Watch the video above to find out Murphy's best AI ETF plays. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
When it comes to AI, most investors think of companies like Nvidia (NVDA) or Microsoft (MSFT). But what about those that don't want to bet on just one or two companies? ETF Think Tank Director of Research Cinthia Murphy says that many believe AI-focused ETFs are an "attractive" option for investors because "you get the diversification, you're not putting all your chips on one horse, you're kind of betting on the race in general." Murphy adds that ETFs can provide options for those who want invest in the broad AI theme or for those who are maybe looking for a more specific AI angle. Watch the video above to find out Murphy's best AI ETF plays.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Zacks
Amazon has lost 0.5% over the past three months and underperformed the industry, with an average decline of 7%. The underperformance might reverse if the online behemoth comes up with an earnings beat.
Barrons.com
Three of tech’s biggest names reported earnings Tuesday evening and the sector fell hard on Wednesday. While Microsoft surprised to the upside, Google’s cloud revenue came in below Wall Street estimates, sending that stock more than 9% lower by Wednesday afternoon. Chipmaker Texas Instruments’ latest outlook was bleak.
SmartAsset
Measuring your own wealth can be a tricky thing but seeing how you compare with other households can be a useful way to assess your finances. The real financial benchmarks to measure, however, are your own. Are you achieving your goals? Are you on track to keep doing so in the future? Here are a […] The post Common Net Worth Statistics You Need to Know appeared first on SmartReads by SmartAsset.
Reuters
Billionaire hedge fund manager Bill Ackman, who traditionally invests in stocks, earned roughly $200 million from a bet against U.S. 30-year Treasury bonds, a person familiar with the trade said on Wednesday. Ackman said on Monday on X, "we covered our bond short" some 12 weeks after he announced the bet on the messaging platform formerly known as Twitter. "The economy is slowing faster than recent data suggests," Ackman said in the post, adding "There is too much risk in the world to remain short bonds at current long-term rates."
SmartAsset
The average net worth of an American household headed by a 50-year-old is $897,663, according to Federal Reserve data. This mid-career milestone highlights the importance of diligently building wealth over time. Understanding net worth benchmarks by age provides a measuring stick to gauge your own financial progress. With strategic planning and discipline, you can take […] The post What Is the Average Net Worth of a 50-Year-Old? appeared first on SmartReads by SmartAsset.
Bloomberg
(Bloomberg) -- Bank of America Corp.’s Jim DeMare warned of the knock-on effects of short-term Treasury yields at 5% and said higher interest rates are having a “dramatic change” on the biggest global industry trends.Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachineTrump Signals Support for Johnson’s Bid to Become House SpeakerChina Developer Country Garden Deemed in Default on Dollar Bond for First TimeNasdaq 100 Falls 2% as Bond Yields Rise; Oil Gains: Markets
The Wall Street Journal
Now, longer-term Treasury yields have hit their highest levels in 16 years, causing their value to plummet, and stocks are expensive. This forced the Federal Reserve to play catch-up through a series of rate increases.
Benzinga
Legendary investor Warren Buffett has achieved astounding returns throughout his career. From 1964 to 2022, his company Berkshire Hathaway Inc. (NYSE:BRK) delivered an overall gain of 3,787,464%, dwarfing the S&P 500's 24,708% return during the same period. Other than picking stocks that skyrocketed in value, Buffett also collects dividends — a lot of dividends. Buffett famously said, "If you don't find a way to make money while you sleep, you will work until you die." Don't Miss: Elon Musk may
Bloomberg
(Bloomberg) -- There’s a good reason why investors are amazed that something hasn’t broken in the economy yet: The last time US government bond yields climbed so far, so fast, the nation plunged into back-to-back recessions.Most Read from BloombergIsrael Latest: US Determines Israel Wasn’t Behind Hospital BlastChina Developer Country Garden Deemed in Default on Dollar Bond for First TimeTrump Ally Mike Johnson Becomes Latest GOP House Speaker NomineeNobody Wants Mutual Funds NowBig Tech Earnings
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