The Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) is up roughly 58% year to date in 2026, which is what happens when a rules-based momentum fund collides with the largest data center buildout in corporate history. PTF markets itself as a technology momentum strategy that mechanically rotates into whatever tech stocks have been winning, and ... This Is the Only AI ETF You Need to Hold ...
The Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) is up roughly 58% year to date in 2026, which is what happens when a rules-based momentum fund collides with the largest data center buildout in corporate history. PTF markets itself as a technology momentum strategy that mechanically rotates into whatever tech stocks have been winning, and ... This Is the Only AI ETF You Need to Hold During the Capex Boom
(RTTNews) - The Singapore stock market has finished lower in consecutive trading days, slumping almost 15 points or 0.3 percent in that span. The Straits Times Index now rests just beneath the 4,990-point plateau and it's looking at another soft start again on Monday.
(RTTNews) - The Singapore stock market has finished lower in consecutive trading days, slumping almost 15 points or 0.3 percent in that span. The Straits Times Index now rests just beneath the 4,990-point plateau and it's looking at another soft start again on Monday.
Senate parliamentarian ruled a proposal to fund $1bn in security additions for the White House failed to meet procedural rules. Key US politics stories from Sunday 17 May 2026 at a glance A US Senate official on Saturday removed security funding that could be used for Donald Trump’s planned $400m White House ballroom from a massive spending package, Democratic lawmakers said, imperilling Republica...
Senate parliamentarian ruled a proposal to fund $1bn in security additions for the White House failed to meet procedural rules. Key US politics stories from Sunday 17 May 2026 at a glance A US Senate official on Saturday removed security funding that could be used for Donald Trump’s planned $400m White House ballroom from a massive spending package, Democratic lawmakers said, imperilling Republican efforts to devote taxpayer money to the contentious project. The decision by the Senate’s parliamentarian, Elizabeth MacDonough, deals a blow to Trump and his administration, which has sought the money for security purposes related to the ballroom. Continue reading...
No country on Earth has adopted artificial intelligence faster than the United Arab Emirates – and the Middle Eastern cultural crossroad’s ambitions to become an AI bridge to the Global South just got another major leg up with the delivery of the latest, cutting-edge US-designed chips. But those ambitions are taking shape in a hostile environment. Amid the US-Israel war on Iran, Tehran’s Islamic R...
No country on Earth has adopted artificial intelligence faster than the United Arab Emirates – and the Middle Eastern cultural crossroad’s ambitions to become an AI bridge to the Global South just got another major leg up with the delivery of the latest, cutting-edge US-designed chips. But those ambitions are taking shape in a hostile environment. Amid the US-Israel war on Iran, Tehran’s Islamic Revolutionary Guards Corps has repeatedly taken aim at major Emirati data centres, developed in...
BING-JHEN HONG/iStock Editorial via Getty Images NVIDIA Corporation ( NVDA ) heads into the FQ1'27 earnings report with the stock at all-time highs, but the company has nearly been forgotten in the AI chip race. The hot IPO in the AI chip sector followed by big contracts from peers has led investors to overlook the valuation of the clear chip leader. My investment thesis remains ultra Bullish on N...
BING-JHEN HONG/iStock Editorial via Getty Images NVIDIA Corporation ( NVDA ) heads into the FQ1'27 earnings report with the stock at all-time highs, but the company has nearly been forgotten in the AI chip race. The hot IPO in the AI chip sector followed by big contracts from peers has led investors to overlook the valuation of the clear chip leader. My investment thesis remains ultra Bullish on Nvidia with another likely blowout quarter ahead this week. Source: Finviz Expect Another Big Beat Nvidia is set to report the April quarter earnings on Wednesday following the market close to kick off FY27. The AI chip giant forecast reporting the following numbers: Revenue - $78 billion, +/- 2%. Adjusted gross margins - 75%, +/- 50 bps The original FQ1 guide was over $5 billion above the consensus analyst forecast at the time and the updated forecast as the company beating the internal revenue target by $1.2 billion with a prediction of $79.2 billion. The forecast is for revenues to grow by nearly 80% YoY, yet Nvidia will likely smash these targets by another $1 to $2 billion. The company has a history of earnings surprise with revenues beating estimates by 3% to 4% the last 2 quarters amounting to roughly $2 billion beats. Only a few years ago, the quarterly revenue beats were far larger, but Nvidia wass beating by a similar $1 to $2 billion per quarter, but the revenue amounts were much smaller. Source: Seeking Alpha The major AI hyperscalers all forecast major boosts to AI capex spending when reporting Q1 results since Nvidia last reported quarterly results. All of these companies are working on plans to use AI chips from other sources, so a lot of moving targets exist, but the sales targets are now $727 billion when the forecasts were at only $365 billion last June. Nvidia could even see a quick boost from a return to selling restricted AI chips to Chinese companies. Media reports are suggesting the U.S. approved advanced chip sales to China after President Trump atten...
BING-JHEN HONG/iStock Editorial via Getty Images NVIDIA Corporation ( NVDA ) heads into the FQ1'27 earnings report with the stock at all-time highs, but the company has nearly been forgotten in the AI chip race. The hot IPO in the AI chip sector followed by big contracts from peers has led investors to overlook the valuation of the clear chip leader. My investment thesis remains ultra Bullish on N...
BING-JHEN HONG/iStock Editorial via Getty Images NVIDIA Corporation ( NVDA ) heads into the FQ1'27 earnings report with the stock at all-time highs, but the company has nearly been forgotten in the AI chip race. The hot IPO in the AI chip sector followed by big contracts from peers has led investors to overlook the valuation of the clear chip leader. My investment thesis remains ultra Bullish on Nvidia with another likely blowout quarter ahead this week. Source: Finviz Expect Another Big Beat Nvidia is set to report the April quarter earnings on Wednesday following the market close to kick off FY27. The AI chip giant forecast reporting the following numbers: Revenue - $78 billion, +/- 2%. Adjusted gross margins - 75%, +/- 50 bps The original FQ1 guide was over $5 billion above the consensus analyst forecast at the time and the updated forecast as the company beating the internal revenue target by $1.2 billion with a prediction of $79.2 billion. The forecast is for revenues to grow by nearly 80% YoY, yet Nvidia will likely smash these targets by another $1 to $2 billion. The company has a history of earnings surprise with revenues beating estimates by 3% to 4% the last 2 quarters amounting to roughly $2 billion beats. Only a few years ago, the quarterly revenue beats were far larger, but Nvidia wass beating by a similar $1 to $2 billion per quarter, but the revenue amounts were much smaller. Source: Seeking Alpha The major AI hyperscalers all forecast major boosts to AI capex spending when reporting Q1 results since Nvidia last reported quarterly results. All of these companies are working on plans to use AI chips from other sources, so a lot of moving targets exist, but the sales targets are now $727 billion when the forecasts were at only $365 billion last June. Nvidia could even see a quick boost from a return to selling restricted AI chips to Chinese companies. Media reports are suggesting the U.S. approved advanced chip sales to China after President Trump atten...
Bao Tin Manh Hai Jewelry JSC , one of Vietnam’s largest gold retailers, is preparing for an initial public offering in the fourth quarter as it pursues an aggressive expansion plan and seeks to capitalize on gold reforms aimed at opening up the market. The Hanoi-based jeweler is in the pre-IPO phase and expects to begin marketing the share sale through investor roadshows in June, Chairman Vu Hung ...
Bao Tin Manh Hai Jewelry JSC , one of Vietnam’s largest gold retailers, is preparing for an initial public offering in the fourth quarter as it pursues an aggressive expansion plan and seeks to capitalize on gold reforms aimed at opening up the market. The Hanoi-based jeweler is in the pre-IPO phase and expects to begin marketing the share sale through investor roadshows in June, Chairman Vu Hung Son said in an interview. Son declined to disclose the fundraising target, but said the company plans to sell at least a 15% stake in the offering. Gold market reforms aimed at boosting raw material supply, narrowing the gap between domestic and global prices and tightening oversight are reshaping the competitive landscape for Vietnam’s jewelry companies. The rollback of the state monopoly on bullion production allows major private firms to apply for production licenses, expanding sourcing flexibility and improving access to gold inputs. “This should help alleviate the raw material shortages that have constrained the jewelry manufacturing industry in recent years,” said Ngan Ly , senior analyst at Vietcap Securities JSC . Better access to gold could lift production capacity and sales growth for manufacturers and retailers, she said. Eleven companies and credit institutions have applied for gold bar production licenses, the State Bank of Vietnam — the main regulator of the gold market — said in April . Son, who is also vice president of the Vietnam Gold Traders Association, confirmed that Bao Tin Manh Hai expects to receive approval by midyear. “We have everything ready, from technology to personnel, so once we receive the license we can begin production immediately,” Son said. The company has signed memorandums of understanding with several London Bullion Market Association -linked firms to import gold once approvals are granted, he added. Read More: Vietnam Traders Back Gold Reforms as Draft Plan Is Unveiled (1) The planned IPO would add momentum to Vietnam’s primary marke...