Notable ETF Inflow Detected - IYW, LRCX, SNPS, PANW

Weekly Report: what happened at IYW last week (0408-0412)?

XLK And The Return Of Irrational Exuberance

Signs of irrational exuberance in the technology sector are becoming evident. Technology Select Sector SPDR Fund ETF has become excessively concentrated in a few names. The recently launched Destiny Tech100 closed-end fund is trading at around ten times net asset value. The technology sector is becoming a "musical chairs" game, with some companies trading significantly above trend.

Can Marvell Compete With Nvidia? AI Era Event Sheds Light

Nvidia is up roughly 230% since this time last year. The chipmaker has benefited from the rapid adoption of Artificial Intelligence (AI) technology. The semiconductor industry as a whole has seen a boost this year. Marvell Technology is another chipmaker that has also benefited from AI hype.

Analysts See 10% Gains Ahead For IYW

Tailwinds In Tech

William Blair: We are in a new demand cycle for tech hardware. Smartphones and PCs are still the largest end-markets, but their outlook is improving. AI presents a second avenue of growth for many of these Taiwanese companies, says Hiraman. The past year’s gains in Taiwan tech were primarily driven by increases in stock valuations.

IYW: Strong Fundamentals Behind Tech Sector Growth

Microsoft Set to Unveil Qualcomm-Powered AI PCs, Aiming to Surpass Apple's MacBook Air

Microsoft aims to outperform Apple’s M3-powered MacBook Air with new Windows laptops powered by Snapdragon X Elite processors. The company will showcase its ambitious “AI PCs” concept at an event in Seattle next month. These devices will feature exclusive AI-powered Windows functionalities. Microsoft anticipates half of all new Windows devices will be powered by AI by 2026.

Weekly Report: what happened at IYW last week (0401-0405)?

IYW: A Reliable Long-Term Investment

The technology sector outperformed the S&P 500 in 2023 and is expected to continue outperforming in 2024. IShares U.S. Technology ETF is one of the best positioned technology ETFs. IyW has a diversified portfolio with a large allocation to top-performing stocks.

QTUM: Strong Returns And Favorably Valued Through An Equally Weighted Approach

Defiance Quantum ETF is a buy due to its modified equally weighted approach and focus on the field of quantum computing. Quantum computing has significant implications for the next generation of technological advancements, including AI and machine learning. QTUM's favorable valuation, comparatively high dividend yield, and inclusion of mid and small-cap holdings represent distinct strengths compared to other tech-focused funds.

Weekly Report: what happened at IYW last week (0325-0329)?

Should You Invest in the Vanguard Information Technology ETF (VGT)?

Should You Invest in the iShares U.S. Technology ETF (IYW)?

Weekly Report: what happened at IYW last week (0318-0322)?

As Apple Battles DOJ Antitrust Claims, Analysts Compare It With Microsoft's Past, Seeing AI Opportunities

Department of Justice brought forth its long-anticipated case against Apple for violating antitrust laws. Wedbush analyst Daniel Ives maintained an Outperform rating on Apple Inc with a price target of $250. Morgan Stanley analyst Erik W Woodring reiterated an Overweight rating with a $220 price target. Apple's stock has gained over 9% in the last 12 months.

Microsoft Launches New AI-Powered Surface Devices for Businesses, Set to Ship in April

Microsoft to launch two new Surface devices, the Surface Pro 10 for Business and the Surface Laptop 6 for Business. The two devices are equipped with Intel's latest Core Ultra processors and a dedicated key for AI-powered features in Windows 11. The Surface devices are set to start shipping on April 9.

Should You Invest in the Technology Select Sector SPDR ETF (XLK)?

Notable ETF Inflow Detected - IYW, CRM, NOW, TXN

Weekly Report: what happened at IYW last week (0311-0315)?