ARKW is an actively managed ETF targeting next-generation internet companies across cloud computing, artificial intelligence, blockchain, digital media, and e-commerce, with approximately 46 holdings and assets under management (AUM) of roughly $1.7 billion. The fund carries a concentrated, high-conviction portfolio with over 50% of assets in its top 10 holdings, led by TSLA , AMD , and HOOD .

A recent study conducted by Markets and Markets suggests that the AI industry will be worth over $16 billion by 2022, which would mark a compound annual growth rate (CAGR) of 62.9% over the next five years.Yes, you read that figure correctly—annualized growth of over 60% each year for the foreseeable future! With AI’s rapid growth and adoption across many industries and for many purposes, corporations are literally racing to research and develop AI for their business, for fear of being left behind.

(Reuters) - U.S. online luxury reseller The RealReal Inc is talking to investment banks about the possibility of an initial public offering (IPO) later this year, people familiar with the matter said on Friday. READ MORE...