Beyond AI ETFs: 4 Investment Themes Wall Street Could Bet on After Midterms
VistaShares CEO highlights ETF opportunities beyond Big Tech as Wall Street shifts focus after the US midterm elections.
Economy · News reference
Cooler-than-expected PCE inflation eased Fed rate fears, lifting software stocks as IGV gained while semiconductor ETF SOXX lagged.
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VistaShares CEO highlights ETF opportunities beyond Big Tech as Wall Street shifts focus after the US midterm elections.
SanDisk's 14-day RSI fell to 26.6 Thursday, its most oversold reading since April 2025, as shares slid 13% and extended a 34% weekly drop.
Sandisk (NASDAQ: SNDK) fell almost 8% premarket as post-midterm tech rotation hit memory chips, leaving analysts divided over further downside or a year-end rally.
Semiconductor stocks' forward P/E has plunged to 14.7 from 33 in a year. Are SOXX, SMH and XSD ETFs now a buying opportunity after the AI stock selloff?
Intel's stock plunged 28% following disappointing Q3 2026 guidance driven by weakness in its PC business. However, the company's data center and AI segment surged 78% year-over-year, offsetting PC declines. Despite near-term PC market headwinds expected through 2027, analysts view the stock as attractively valued at 31x forward earnings with strong long-term growth potential, suggesting potential for near-doubling by 2028.
Intel nears its worst day on record after weak guidance, sinking chip stocks as SMH falls 7.0% and the Nasdaq 100 drops 3.2%.