AI, Big Tech bull case despite Nasdaq’s worst week since April

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The post AI, Big Tech bull case despite Nasdaq’s worst week since April appeared com. State Street is reiterating its bullish stance on the artificial intelligence trade despite the Nasdaq’s worst week since April. According to the firm’s chief business officer Anna Paglia, momentum stocks still have legs because investors are reluctant to step away from the growth story that’s driven gains all year. “How would you not want to participate in the growth of AI technology? Everybody has been waiting for the cycle to change from growth to value. I don’t think it’s happening just yet because of the momentum,” Paglia told CNBC’s “ETF Edge” earlier this week. “I don’t think the rebalancing trade is going to happen until we see a signal from the market indicating a slowdown in these big trends.” Paglia, who has spent 25 years in the exchange-traded funds industry, sees a higher likelihood the space will cool off early next year. “There will be much more focus about the diversification,” she said. Her firm manages several ETFs with exposure to the technology sector, including the SPDR NYSE Technology ETF, which has gained 38% so far this year as of Friday’s close. The fund, however, pulled back more than 4% over the past week as investors took profits in AI-linked names. The fund’s second top holding as of Friday’s close is Palantir Technologies, according to State Street’s website. The stock, which reported earnings on Monday, tumbled more than 11% this week. Yet, Paglia reaffirmed her bullish tech view in a statement to CNBC later in the week. Meanwhile, Todd Rosenbluth suggests a rotation is already starting to grip the market. He points to renewed appetite for health care stocks. “The Health Care Select Sector SPDR Fund. which has been out of favor for much of the year, started a return to favor in October,” the firm’s head of research said in the.

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Japanese Nintendo eShop releases for November 14, 2025

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Nintendo has updated the Japanese Switch and Switch 2 release schedule on eShop for the week of November 14, 2025. Various new titles are on the way, highlighted by Dragon Ball Sparking Zero and Yakuza Kiwami 1 and 2. Here’s a look at the upcoming digital download schedule: Switch 2 Retail Dragon Ball Sparking Zero Momotaro Dentetsu 2 Nintendo Switch. The post Japanese Nintendo eShop releases for November 14, 2025 appeared first on Nintendo Everything.

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“What’s Going on with Rand?” Trump SLAMS Rand Paul for Opposing Senator John Kennedy’s Proposal to Stop Congressional Pay During Schumer Shutdown: “He Wanted to be Paid!”

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President Trump on Friday responded to Senator Rand Paul’s (R-KY) objection to a proposal by Senator John Kennedy (R-LA) to stop members of Congress from receiving pay during the ongoing government shutdown, slamming him and calling the move “so interesting.” “Rand Paul, who never votes for anything, tried to stop it, because he wanted to be paid!” Trump said. The post “What’s Going on with Rand?” Trump SLAMS Rand Paul for Opposing Senator John Kennedy’s Proposal to Stop Congressional Pay During Schumer Shutdown: “He Wanted to be Paid!” appeared first on The Gateway Pundit.

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ARK Invest increases BitMine stake despite offloading $30 million in Tesla shares

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The post ARK Invest increases BitMine stake despite offloading $30 million in Tesla shares appeared on BitcoinEthereumNews.com. Cathie Wood’s ARK Invest has sold approximately $30 million worth of Tesla Inc. shares and invested in BitMine Immersion Technologies. The firm sold 71,638 shares of Tesla across its flagship exchange-traded funds, according to ARK’s daily trading disclosures. This shift in interest occurred despite ARK having maintained Tesla as its primary investment since 2018. According to a daily trading note, ARK also acquired 48,454 shares in the Ether treasury firm BitMine, which is owned by Tom Lee, valued at approximately $2 million. Notably, these shares were bought via three of its exchange-traded funds (ETFs). This includes the ARK Next Generation Internet ETF, the ARK Innovation ETF, and the ARK Fintech Innovation ETF. Cathie Wood has been accelerating its acquisition of crypto stocks even while markets are sinking. Among the most popular crypto companies, the veteran investor has stakes in Circle Internet Group, Coinbase Global, and Robinhood Markets. Wood’s ARK Invest shifts its interest towards BitMine from Tesla Since April of this year, Wood’s ARK Invest has begun purchasing more shares of BitMine, thereby increasing its stake in the company. At the time, the company expected BitMine to shift towards the Ethereum treasury strategy officially. However, the firm began gathering ETH as a treasury asset in late June 2025, and the initiative officially launched on June 30, 2025. Following ARK’s decision to invest in the company, data from Google Finance revealed that BitMine shares soared by 7.65%, reaching an all-time high of $40.23 in after-hours trading. Additionally, the stock has increased an impressive 415% since the beginning of the year. In the meantime, ARK sold approximately 71,638 Tesla shares across its funds, a position valued at roughly $30 million based on Tesla’s closing price of $429.52. A handful of analysts also expressed views about the developments. After conducting some research, they…

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