Dramatic jump in AI ETFs despite rough quarter

Wall Street is banking heavily on exchange-traded funds that give investors artificial intelligence exposure, according to J.P. Morgan Asset Management. The firm’s “Guide to ETFs,” which came out this month, finds it’s a top five theme by assets under management — even as volatility hit the group in the second quarter. “Many [themes] are morphing…

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U.S., other nations back open-source AI with ‘strong security’ at China summit

Li Lecheng, China’s Minister of Industry and Information Technology, spoke at a press conference on July 23, 2026, in Chengdu, China, as part of the APEC Digital Weeks. Evelyn Cheng | CNBC CHENGDU, China — Governments increasingly want to control artificial intelligence, as companies release more powerful open-source models, a new multilateral statement indicates. The…

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Hedge funds target Andy Burnham’s UK policy agenda

Hedge fund short-sellers have ramped up bets against U.K.-listed stocks this year, with disclosed positions surging fivefold in the first half of 2026. Now, investors believe a policy blitz under new Prime Minister Andy Burnham could widen the opportunity set across U.K. equities on both the long and short sides of their portfolios. Burnham took…

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Stock market, economy sectors to watch

An F/A-18F Super Hornet, attached to Strike Fighter Squadron (VFA) 41, prepares to launch from the flight deck of Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72). Courtesy: U.S. Navy A ramp-up in fighting between the U.S. and Iran over the weekend has left Wall Street reconsidering its expectations for the war’s economic impact. The…

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