Google now lets you drag and drop items from Keep into Google Docs instead of having to copy and paste (score!). But that’s not the only place Google is making gains – just look at the 10 ETFs with exposure to Google’s parent company, Alphabet, which are bouncing back.
Top 10 Google ETFs to Watch
The FAANG quintet of Facebook Inc. (NASDAQ: FB), Amazon.com Inc. (NASDAQ: AMZN), Apple Inc. (NASDAQ: AAPL), Netflix, Inc. (NASDAQ: NFLX) and Google parent Alphabet Inc. (NASDAQ: GOOGL) is an acronym for five high-performing technology stocks in the U.S. equity markets.
With the continual attacks on Amazon by Trump, the Facebook Cambridge Analytica scandal, and reports that Tesla may not make production goals, it’s no surprise that FAANG members have been struggling.
However, one member is bouncing back: Alphabet.
Let’s take a look at how ETFs with exposure to Google parent, Alphabet, are trading Monday according to Yahoo Finance at 12:15 Eastern time.
10 ETFs with Google’s parent company, Alphabet
- Davis Select U.S. Equity ETF (USA) with a 8.97% weighting up 1.35%.
- PowerShares NASDAQ Internet Portfolio (PNQI) with a 7.71% weighting up 2.12%.
- Motley Fool 100 Index ETF (TMFC) with a 7.19% weighting up 1.4%.
- Davis Select Worldwide ETF (DWLD) with a 6.28% weighting up 1.55%.
- iShares U.S. Technology ETF (IYW) with a 6.01% weighting up 2.47%.
- Ivy Focused Growth NextShares (IVFGC) with a 5.82% weighting saw no change.
- Technology Select Sector SPDR Fund (XLK) with a 5.19% weighting up 2.48%.
- iShares Evolved U.S. Technology ETF (IETC) with a 5.08% weighting down .04%.
- AdvisorShares New Tech and Media ETF (FNG) with a 5.01% weighting up 1.55%
- Fidelity MSCI Information Technology Index ETF (FTEC) with a 4.96% weighting up 2.44%.
It makes sense that ETFs with Google’s parent company, Alphabet, are resilient. It takes more than tech drama to drag down such a powerful company. By nature, Google is a leader and innovator, and therefore- a fighter.
Google is Crushing it in the Artificial Intelligence Game
Google has allied with some of the worlds best technology in AI to lead the tech world into the future. Google services such as its image search and translation tools have been using sophisticated machine learning to process huge amounts of data.
Google’s sustainability lead, Kate E Brandt spoke to Forbes about ways that artificial intelligence is being deployed today, “We’re seeing some really interesting things happen when we bring together the potential of cloud computing, geo-mapping and machine learning.
These techniques include computer vision – training computers to recognize images and identify what they are (ex: cat, bird, bear), natural language processing which is Google’s online real-time language translation service that understands nuances of human speech, and “smart” thermostat products that help predict how owners want their homes heated to save energy.
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