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Fidelity MSCI Information Technology ETF News

$158.29
-0.540 (-0.340%)
At Close: May 17, 2024

3 Reasons Why This Isn't Another 'Tech Bubble'

03:14am, Thursday, 10'th Sep 2020
Investors have been on a wild ride over the past week as tech stocks plunged, dragging down major global indexes with them.

The COVID Price Compression In Technology

02:58pm, Saturday, 05'th Sep 2020
Markets tend to be more inefficient in the short term and more efficient in the long term. One way of thinking about this is that the information we obtain in the short term tends to be incomplete.
There's an annoying voice in the back of my head that the fun-loving technology Samaritans can't help me override.

Debunking The Myths Of 'High-Priced' Tech Stocks

01:01pm, Wednesday, 02'nd Sep 2020
Strong gains have pushed up valuations of technology stocks. In the market's current earnings season, information technology companies are among very few reporting year-over-year revenue growth and ea
This year there looks to be a genuinely exciting group of product releases and announcements on tap that, even in a more normal year, would be enough to get the endorphins flowing.

The Rise Of The Auto-Refill Economy

06:46am, Tuesday, 18'th Aug 2020
The Commerce Department released July's retail sales last week, showing an increase in seasonally adjusted retail spending - up 1.2 percent overall last month, but down from the 8.4 percent growth in
Positive momentum has continued to shine as a forward indicator for technology and consumer discretionary stocks in recent months.

Nasdaq - Party Like It's 1999

12:22am, Monday, 27'th Jul 2020
There are striking similarities between tech stocks in 2000 and today. Tech indices display overbought technicals, while investors are overconfident.

Regulating Technology

07:58am, Sunday, 26'th Jul 2020
Tech has gone from being just one of many industries to being systemically important to society. The trouble is, when tech becomes the world, all of tech's problems matter much more.

Fire & Fawning

01:57am, Sunday, 26'th Jul 2020
Apple, Amazon, Facebook, and Google CEOs are scheduled to testify in front of the US House Judiciary Antitrust Subcommittee.
The Fidelity MSCI Information Technology Index ETF invests in US technology companies. The fund has substantial holdings in Apple and Microsoft.
In order to better understand specifically how the pandemic has affected IT environments in US-based medium businesses and large enterprises, TECHnalysis Research embarked on a study last month of ove
5G will be the first wireless technology designed for Internet of Things. 5G will lower costs of sending data which can benefit telecom profit margins in the future.
Great post by Gary Morrow on the positive outside day in the Dow 30 today, versus the downside outside day yesterday in the Nasdaq 100, a very ominous sign.
The ETF space tends to innovate in waves. First came plain vanilla cap-weighted index funds.
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