ETFS US Technology ETF (WWW)
- 13.290
- 0.0000.00%
ETFS US Technology ETF (WWW) News
Xiao K Morning Brief | SanDisk Issues Robust Long-Term Guidance; DeepSeek Unveils Developer Preview of Harness
① Investors anticipate that Anthropic will list on the stock exchange in October; ② Reports indicate that AMD plans to raise up to $5 billion through bond issuance; ③ SMIC's third-quarter revenue is projected to increase by 2% to 4% quarter-on-quarter, with a gross margin guidance of 26%-28%; ④ Zhongji Innolight intends to acquire a 10.47% stake in Jones Tech for RMB 1.747 billion.
Does the AI boom have a fatal flaw? The real-life inspiration behind 'The Big Short' says it hinges on the fate of these two companies!
① Renowned short-seller Michael Burry warns that the AI boom has a fatal flaw: excessive reliance on OpenAI and Anthropic, which together account for 70% of AI-related revenues for major tech giants such as Microsoft; ② Meanwhile, low-cost open-source models from China are capturing market share, potentially triggering a price war.
Top 20 by Trading Volume | SanDisk issues major financial guidance, stock surges 13%, SK Hynix rises 7%; Google launches Gemini 3.7 Flash; Cisco drops over 8% after earnings
Top US Stock by Trading Volume on Thursday: Closed up 4.23% with trading volume of $34.63 billion. Second Place: Closed up 13.67% with trading volume of $32.693 billion. On Thursday, the 23rd (US Eastern Time), SanDisk unveiled its long-term financial model at its 2026 Investor Day, outlining a series of financial targets to be achieved from fiscal year 2028 to fiscal year 2030. These include maintaining mid-to-high double-digit revenue growth during this period. SanDisk also addressed market concerns regarding bit growth, stating that salable bit capacity will be adjusted based on profitability optimization needs. The company further committed to returning 100% of remaining cash to shareholders after completing business investments.
US Stock Market Close | Easing PPI data alleviates rate-hike pressure; three major indices rise, with the S&P 500 closing at a record high. Workday surges 18%, lifting software stocks collectively, as the IGV ETF gains over 3%. Chinese ADRs decline: JD.co
The three major U.S. stock indices closed higher across the board, with the Dow Jones Industrial Average rising 0.13%, the S&P 500 gaining 0.65%, and the Nasdaq Composite advancing 0.81%. Salesforce surged more than 4% and Merck rose 2%, leading gains in the Dow. The Wind U.S. Mag 7 Index climbed 0.82%, with Tesla up over 3.5% and Facebook (Meta) rising more than 2.5%. SpaceX fell more than 3%. The Nasdaq Golden Dragon China Index dropped 1.84%, with JD.com declining over 7% and PDD Holdings falling more than 5%.
The dollar reversed its earlier gains as expectations for an early interest rate hike receded amid a rise in U.S. initial jobless claims and slowing PPI, with the USD/JPY pair remaining resilient at 159.02–159.57 yen.
[London Market Overview] In the London foreign exchange market on the 13th, the dollar/yen pair reversed its gains. Although it strengthened to as high as 159.43 yen in the afternoon, profit-taking and adjustment-driven dollar selling erased those gains, pushing the rate down to 159.32 yen. Caution regarding potential currency intervention also exerted downward pressure. The euro/dollar pair rose slightly from $1.1522 to $1.1536 as dollar-selling intensifies amid market adjustments. The euro/yen pair extended its gains from 183.65 yen to 183.82 yen, supported by the firmness of the euro/dollar and yen selling. Pound/
QUICK SPARK: Dell, JPMorgan, Merck All Mark New All-Time Highs
Dell Technologies (NYSE:DELL), JPMorgan Chase & Co. (NYSE:JPM) and Merck & Co. (NYSE:MRK) all touched fresh all-time highs on Thursday — with Dell hitting $514, JPMorgan reaching $366.50 and Merck
U.S. stocks rose on the 13th, buoyed by falling oil prices and favorable PPI data.
U.S. equity markets rose. The Dow Inc average closed up $69.72 at $53,839.99, while the Nasdaq finished 214.54 points higher at 26,803.03. Markets rallied after the open, buoyed by falling crude oil prices and favorable Producer Price Index (PPI) data. The Dow Inc briefly turned lower as employment-related indicators disappointed, but long-term interest rate declines supported a steady performance for the Nasdaq throughout the day. The Dow Inc also recovered in late trading to close higher. By sector, automobiles and auto parts, as well as software and services,
UBS Maintains Buy on Cisco Systems, Raises Price Target to $138
UBS analyst David Vogt maintains Cisco Systems (NASDAQ:CSCO) with a Buy and raises the price target from $132 to $138.
Lam Research Plans to Invest $3B Into R&D Lab Network Over Next Five Years
QUICK SPARK: Semiconductor Traders Get New 2X ETFs on Everspin, SiTime and UMC
Tradr ETFs expanded its leveraged semiconductor lineup with three new 2X single-stock ETFs targeting Everspin Technologies Inc (NASDAQ:MRAM), SiTime Corp (NASDAQ:SITM) and United Microelectronics
QUICK SPARK: Trump's Tariff Refunds Are Massive — And Hitting Balance Sheets
Major U.S. companies are seeing tariff refunds roll in, and the payouts are delivering a meaningful boost to reported earnings.According to the Wall Street Journal, Apple (NASDAQ:AAPL) alone
SK Hynix Is Surging. Here's How ETF Traders Are Playing the AI Memory Boom
SK Hynix Inc's (NASDAQ:SKHY) latest rally is giving traders a fresh catalyst to revisit the growing lineup of leveraged ETFs tied to the AI-memory giant.The stock rose Thursday as memory and storage
SanDisk bets on AI to reshape the flash memory market: Scale could surge from $60 billion to $500 billion, with mid-to-high double-digit revenue growth projected for FY2028–30
SanDisk projects that, for fiscal years 2028 to 2030, its non-GAAP gross margin will remain at approximately 80%, operating margin at around 75%, and adjusted free cash flow margin at about 50%. The company commits to returning 100% of remaining cash to shareholders after completing business investments. Its long-term target for bit growth is in the mid-to-high double digits, although salable bit capacity will be flexibly adjusted as needed to optimize profitability. It disclosed that long-term agreements with its top eight customers already cover approximately two-thirds of bit shipments for fiscal year 2028. The total addressable market (TAM) for enterprise flash memory is expected to reach 1.2 zettabytes by 2030.
Oracle Has 30% Upside, JPMorgan Says. The Market May Be Missing Its AI Transformation.
For much of the AI boom, Oracle Corp (NASDAQ:ORCL) has been viewed as a legacy software company racing to catch up with cloud leaders. JPMorgan believes that perception is increasingly outdated.
Dell Rallies 2% After Lenovo's AI Server Pipeline Hits $54 Billion, Fueling Nvidia Demand Optimism
Dell Technologies (NYSE:DELL) shares climbed around 2% Thursday after Chinese rival Lenovo Group (OTC:LNVGY) revealed its AI server pipeline surged 157% quarter over quarter to $54 billion.The
Bill Ackman's New Stock Picks Are Here. These ETFs Could Be Worth Watching
Bill Ackman just made his biggest portfolio overhaul in years, adding six companies to Pershing Square USA, Ltd.'s (NYSE:PSUS) concentrated portfolio. But investors looking for an ETF way to play
Nebius Says AI Compute Prices Jumped 15%, Signaling Strong Pricing Power
For the past two years, investors have largely measured AI infrastructure companies by one metric: how quickly they can add more computing capacity. Nebius Group N.V.'s (NASDAQ:NBIS) second quarter
Hewlett Packard Enterprise Wins Approval for DOJ Settlement in Juniper Deal
Berkshire Hathaway 13F Preview: What Stock Moves Did Buffett Successor Greg Abel Make?
13F filings for the second quarter are due Friday August 14, 2026 and the Berkshire Hathaway (NYSE:BRK)(NYSE:BRK) report is among the most anticipated as it marks only the second quarterly (Q2)
AI Was Supposed to Push Everything to the Cloud: Cisco Sees the Opposite
For much of the AI boom, the assumption has been straightforward: as companies adopt artificial intelligence, more computing workloads will move to the public cloud. Cisco Systems Inc. (NASDAQ:CSCO)