Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X (UBOT)

KoBold Metals secures $537M in funding, valuing company at $2.96B. AI-driven mining startup uses data aggregation to discover critical minerals.

Investors cannot overlook the transformative potential of AI. Thematic ETFs like WTAI provide diverse exposure to this game-changing technology.

Bitcoin’s price has recently seen a massive rally, nearly doubling in a few short months. With it, the blockchain has returned to the spotlight, with millions closely watching the effect the SEC’s recent decision will have on the market.

Janet Yellen, calls AI an 'emerging threat'. Yet, AI is driving many Technology stocks to new highs, and AI ETFs are up 37-68% YTD.

Consulting firm Ernst & Young disclosed a significant investment of $1.4 billion into artificial intelligence and the introduction of its proprietary large language model, EY.ai EYQ. EY also unveiled plans to provide AI training to its extensive workforce comprising 400,000 employees.

2023 has been a strong year in US markets thus far with the S&P 500 (INDEX: .INX) up 17%.

Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X Shares (NYSEUBOT) was trading over 3% higher on Friday after closing Thursday’s session up 3.92%.

The technology sector has staged a strong comeback this year and is once again dominating the stock market rally.

Here are a few ETF areas that gained massively last week.