ARKQ ETF

Cathie Wood is the head of Ark Investment Management, which operates several funds focused on innovative technology stocks. The Ark Autonomous Technology and Robotics ETF holds a number of Wood's top artificial intelligence (AI) stock picks.

ARKQ was performing well with Tesla's rise, but has remained an underperforming ETF thus far in 2024. The ETF's high valuation and currently weak seasonal trends make it a risky investment today. ARKQ's chart shows potential for a breakout if it rallies through resistance in the $59-$61 range, while support is seen at $50.

I have been dreaming about flying cars since I was a child, watching the cartoon “The Jetsons.” For those old enough to remember, the Jetsons were the cartoon family of the future, and they owned a flying car.

A confluence of factors have combined to make defense technology a compelling ETF investment theme including: Rising global instability, such as the conflicts in the Middle East and Ukraine; Years of underinvestment in defense and military equipment, especially in Europe; NATO's goal that its members allocate 2% of GDP to defense by 2024; Heightened demand

The electric carmaker's fortunes appear to be improving thanks to their strong focus on implementing autonomous driving technology in China.

The Vanguard Growth ETF includes plenty of innovative and market-leading companies. Robotics and automation are the future of manufacturing.

Tesla Inc. (TSLA) disappointed investors with its first year-over-year drop in quarterly deliveries since 2020.

ARK Autonomous Technology & Robotics ETF focuses on investing in disruptive innovation, particularly in the areas of automation, transportation, energy, fintech, and artificial intelligence. The ARKQ ETF's top holdings include Tesla, Kratos Defense & Security Solutions, Teradyne, UiPath, and Trimble. ARKQ's portfolio is primarily invested in the technology and industrial sectors, making up approximately 76% of the fund's total assets.

Artificial intelligence spending is forecast to soar 820% between 2023 and 2030. About one-third of S&P 500 companies discussed artificial intelligence during third-quarter earnings calls.