AMOM ETF

Qraft's Francis Oh joins to talk about the AMOM A.I. ETF. Top holdings include Nvidia (NVDA), Apple (AAPL), and Eli Lilly (LLY).

The rally has been broad-based this year, with momentum investing emerging as a big winner.

Wall Street appears ready to rally, with the S&P 500 notching its eight straight days of gains on Wednesday and the Nasdaq continuing its own streak for nine successive sessions.

Qraft Technologies has partnered with LG AI Research to launch an AI-powered ETF that invests in U.S. large-cap core stocks. The actively managed LG Qraft AI-Powered U.S. Large-Cap Core ETF (NYSE Arca: LQAI) trades on the New York Stock Exchange.

Oracle (ORCL) reported lackluster first-quarter fiscal 2024 results. The software giant provided downbeat guidance, citing strong competition in the cloud-computing industry and a digital spending pullback.

This article will be updated shortly with a link to the on-demand replay, when it becomes available.  Some ETF issuers are not only investing in AI, but are instead investing with AI.

For investors seeking momentum, Qraft Ai-Enhanced U.S. Large Cap Momentum ETF AMOMis probably on radar. The fund just hit a 52-week high and is up 28.1% from its 52-week low price of $23.33/share.

Artificial intelligence is the latest buzzword to become part of the ETF ecosystem. We believe there is tremendous potential to invest in companies like NVIDIA and Shopify that are benefiting from the long-term trend.