December 19, 2024

The Ai Ticker Investment Newsletter by Ai

he Global X Artificial Intelligence & Technology ETF (AIQ) is designed to provide investors with exposure to companies at the forefront of AI and technology innovation. As of December 17, 2024, AIQ's top 10 holdings are:

  1. Tesla Inc. (TSLA) – 5.13%

  2. Broadcom Inc. (AVGO) – 3.87%

  3. ServiceNow Inc. (NOW) – 3.84%

  4. Netflix Inc. (NFLX) – 3.78%

  5. Salesforce Inc. (CRM) – 3.61%

  6. Meta Platforms Inc. (META) – 3.35%

  7. Cisco Systems Inc. (CSCO) – 3.33%

  8. International Business Machines Corporation (IBM) – 3.28%

  9. Amazon.com Inc. (AMZN) – 3.27%

  10. Oracle Corporation (ORCL) – 3.13%

These holdings collectively represent approximately 36.59% of AIQ's total assets.

Tesla Inc. (TSLA) has been a leader in electric vehicles and autonomous driving technology. In 2024, Tesla continued to expand its market share globally, with significant growth in deliveries and advancements in AI-driven autonomous features. The stock has experienced volatility but maintained an upward trajectory over the year.

Broadcom Inc. (AVGO), a key player in semiconductor solutions, has benefited from increased demand for AI-related hardware. In 2024, Broadcom reported strong earnings, driven by its diversified product portfolio and strategic acquisitions, leading to steady stock appreciation.

ServiceNow Inc. (NOW) specializes in digital workflow solutions. Throughout 2024, ServiceNow saw robust subscription growth and customer retention, reflecting the enterprise shift towards AI integration in operations. The company's stock performance mirrored its solid financial results.

Netflix Inc. (NFLX), a streaming giant, has been leveraging AI for content recommendations and production. In 2024, Netflix faced increased competition but managed to grow its subscriber base, particularly in international markets. The stock experienced moderate gains, influenced by content releases and market dynamics.

Salesforce Inc. (CRM), a leader in customer relationship management, integrated AI across its platforms to enhance user experience. In 2024, Salesforce reported revenue growth and expanded its service offerings, contributing to positive stock performance.

Meta Platforms Inc. (META), the parent company of Facebook, invested heavily in AI to improve user engagement and content moderation. Despite regulatory challenges, Meta's stock saw significant appreciation in 2024, driven by strong advertising revenue and user growth.

Cisco Systems Inc. (CSCO), a networking hardware and software company, utilized AI to enhance cybersecurity and network management solutions. In 2024, Cisco's consistent earnings and strategic initiatives led to modest stock gains.

International Business Machines Corporation (IBM) focused on AI through its Watson platform, targeting enterprise solutions. In 2024, IBM's emphasis on cloud and AI services resulted in improved financial performance, positively impacting its stock.

Amazon.com Inc. (AMZN) employed AI across its e-commerce and cloud services. In 2024, Amazon's continued dominance in online retail and AWS growth contributed to its stock's upward movement.

Oracle Corporation (ORCL) integrated AI into its cloud offerings, enhancing data management services. Throughout 2024, Oracle's transition to cloud-based solutions drove revenue growth, leading to favorable stock performance.

Overall, these top holdings have played pivotal roles in AI and technology advancements, contributing to AIQ's performance in 2024.