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Chip Selloff Hammers Growth Stocks. Is the AI Boom Over?

Chip Selloff Hammers Growth Stocks. Is the AI Boom Over?

Chip stocks like Nvidia led the market to new highs last earnings season. The opposite could be happening this time. The Philadelphia Semiconductor Index fell 9.2 percent between Friday, April 12, and Friday, April 19. It was the index's biggest weekly drop in almost...

Is Real Estate ETF a Stealth Technology Trade?

Is Real Estate ETF a Stealth Technology Trade?

Believe it or not, real-estate investment trusts (REITs) are leading the market this month. The SPDR Real Estate ETF (XLRE) is up 1.8 percent so far in May. That contrasts with a 2.4 percent drop for the broader S&P 500 over the same period. Even more surprising,...