Streetbeat News

AIQ

Global X Artificial Intelligence & Technology ETF

http://www.globalxfunds.com/funds/aiq/

Industry

Asset Management

The fund invests at least 80% of its total assets in the securities of the underlying index. The underlying index is designed to track the performance of companies involved in the development and utilization of artificial intelligence ("AI") and big data. The fund is non-diversified.

Open

39.61

Mkt cap

2.6B

Volume

355K

High

39.64

P/E Ratio

31.31

52-wk high

40.65

Low

39.35

Div yield

0.00

52-wk low

30.85

The ETF industry is expected to experience significant growth in 2025 due to increased global capital inflows. This could lead to market-beating upside for certain ETFs.

Portfolio Pulse from

January 10, 2025 | 9:45 pm

The article discusses the growing trend of artificial intelligence (AI) in the stock market and suggests investing in AI-focused ETFs as a way to capitalize on this opportunity. It highlights the challenge of selecting individual AI stocks and implies that ETFs may offer a diversified approach.

Portfolio Pulse from

January 09, 2025 | 12:00 pm

The article discusses top ETF stories of 2024 that are expected to remain significant in 2025, potentially mentioning AIQ.

Portfolio Pulse from

December 27, 2024 | 5:15 pm

The Global X Artificial Intelligence & Technology ETF (AIQ) has reached a new 52-week high, showing a significant increase of 36.17% from its 52-week low of $29.36 per share. This indicates strong momentum for investors interested in AI and robotics sectors.

Portfolio Pulse from

December 13, 2024 | 2:45 am

AIQ is a diversified ETF focused on AI companies, with strong liquidity and $2.5B in assets. Despite a high expense ratio, it has been on an uptrend since August. However, caution is advised as momentum indicators suggest potential risks if it breaks below the 50-day SMA.

Portfolio Pulse from

November 27, 2024 | 4:15 pm

AI-themed ETFs are gaining traction, with over a third launched in 2024, focusing on companies like Nvidia, Microsoft, Apple, and Meta. The total assets of AI ETFs have reached $4.5 billion. Notable ETFs like BOTZ, AIQ, IYW, and FTEC have shown significant growth, driven by the AI boom.

Portfolio Pulse from Pooja Rajkumari

October 28, 2024 | 8:56 am

Alibaba and Baidu are investing in Horizon Robotics' $700M IPO, highlighting their confidence in the autonomous driving market. The funds will primarily support R&D. Alibaba's cloud unit is collaborating with Nvidia to enhance autonomous driving tech.

Portfolio Pulse from Anusuya Lahiri

October 16, 2024 | 3:27 pm

ASML's lower-than-expected bookings and guidance cut led to a drop in AI-related stocks, but Gene Munster believes this is an overreaction. ASML's AI-related revenue is limited, and the weakness is due to other factors. Despite this, the AI trade remains strong, with significant growth expected in AI infrastructure spending.

Portfolio Pulse from Shanthi Rexaline

October 16, 2024 | 8:57 am

The IMF warns that while AI can enhance market efficiency, it also poses risks of increased volatility and cyber threats. AI-driven trading, especially in equities and bonds, could lead to market instability. The IMF suggests enhancing regulation and supervision of AI-related activities.

Portfolio Pulse from Pooja Rajkumari

October 16, 2024 | 7:56 am

Alibaba's stock is rising due to China's stimulus plans, including a cut in banks' reserve requirement ratio and reverse repurchase rate. Alibaba is expected to benefit from these measures, with its cloud services and international expansion enhancing its position. The company is collaborating with Nvidia on autonomous driving and has partnered with XPeng. Additionally, Alibaba and JD.com have integrated logistics and payment services to combat demand slowdown. Alibaba's stock has gained 20% in the last 5 days.

Portfolio Pulse from Anusuya Lahiri

September 30, 2024 | 11:54 am

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