5 ETFs to Bet On Amid Tech-Driven Market Sell-Off
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 26 2024
0mins
Should l Buy GOOGL?
Source: NASDAQ.COM
Market Volatility and Tech Sell-Off: Recent weeks have seen increased market volatility, particularly in the tech sector, with significant losses among major companies like Tesla and Alphabet, resulting in a record decline of over $750 billion in market capitalization for the "Magnificent 7" stocks. The rise in volatility is attributed to concerns over upcoming elections and potential trade policies under Donald Trump.
Hedging Strategies for Investors: To mitigate risks from market downturns, investors are encouraged to consider various ETFs designed for hedging, such as Simplify Hedged Equity ETF and Global X Nasdaq 100 Covered Call ETF, which aim to provide capital appreciation while reducing overall portfolio volatility. These funds may offer protection during turbulent market conditions but come with associated costs and may not fully shield against extreme events.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy GOOGL?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on GOOGL
Wall Street analysts forecast GOOGL stock price to rise
33 Analyst Rating
26 Buy
7 Hold
0 Sell
Strong Buy
Current: 337.120
Low
305.00
Averages
374.25
High
400.00
Current: 337.120
Low
305.00
Averages
374.25
High
400.00
About GOOGL
Alphabet Inc. is a holding company. The Company's segments include Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment includes infrastructure and platform services, collaboration tools, and other services for enterprise customers. Its Other Bets segment is engaged in the sale of healthcare-related services and Internet services. Its Google Cloud provides enterprise-ready cloud services, including Google Cloud Platform and Google Workspace. Google Cloud Platform provides access to solutions such as artificial intelligence (AI) offerings, including its AI infrastructure, Vertex AI platform, and Gemini for Google Cloud; cybersecurity, and data and analytics. Google Workspace includes cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
OVHCLOUD - SIX-YEAR CONTRACT AGREEMENT
- Contract Duration: The cloud contract spans a period of six years.
- Service Provider: The details regarding the specific cloud service provider involved in the contract are not mentioned.
- Purpose of Contract: The contract is likely aimed at enhancing cloud services for the organization.
- Implications: This long-term commitment may indicate a strategic move towards digital transformation and reliance on cloud technology.
See More
EU Commission Grants Awards to Post Telecom, Stackit, Scaleway, and Proximus
EU Commission Awards: The European Commission has awarded contracts to several companies, including Telecomm, Stackit, Scaleway, and Proximus.
Focus on Digital Services: These awards are part of the EU's initiative to enhance digital services and infrastructure across member states.
See More
NiSource Partners with Alphabet for Long-Term Energy Agreement
- Long-Term Energy Agreement: NiSource has entered into a new agreement with a subsidiary of Alphabet to support the development and operation of a large-scale data center in northern Indiana, which is expected to benefit existing customers and local communities while enhancing regional economic development.
- Application of GenCo Model: This marks the second major agreement utilizing NiSource's NIPSCO Generation LLC (GenCo) model, designed to provide value to system customers while attracting significant investment to Indiana, thereby potentially driving substantial economic growth in the region.
- Enhanced Customer Benefits: NiSource projects aggregate cost savings of approximately $1.25 billion, translating to annual savings of $90 to $115 for residential customers, while also contributing $17 million to a customer fund supporting local communities hosting generation and data center projects.
- Infrastructure Enhancement: NIPSCO and GenCo will provide approximately 340 MW of transmission and generation infrastructure, supplemented by seasonal market purchases of up to 175 MW, ensuring safe and reliable power sourcing for data centers and further strengthening grid reliability and resilience.
See More
QSM Asset Management Increases Stake in Mobileye
- Increased Holdings: QSM Asset Management acquired 611,003 shares of Mobileye in Q1 2026, with an estimated trade value of $5.54 million, reflecting confidence in the company's future prospects.
- Quarter-End Valuation: At quarter-end, the value of Mobileye's stake was $4.13 million, representing 2.02% of QSM's reportable assets under management, indicating its significance within the investment portfolio.
- Market Response: Despite Mobileye's stock being down over 80% from its all-time high, analysts project a forward P/E ratio of 30, suggesting the company is poised for profitability and rapid growth.
- Investment Timing: QSM's acquisition is viewed as a bullish signal in the current market climate, particularly as autonomous driving technology gains traction, potentially offering significant returns for investors.
See More
Apple Maintains Low Capital Expenditure in AI Race
- Earnings Momentum: In the fiscal Q1 of 2025, Apple reported a 16% year-over-year increase in net sales to $143.8 billion, driven by the iPhone 17 launch, which set a record with $85.3 billion in revenue, reflecting strong market demand and profitability.
- Strong Cash Flow: The company generated nearly $54 billion in operating cash flow during Q1, which not only funded its quarterly dividend but also allowed for a $25 billion stock repurchase, indicating robust financial health and commitment to shareholder returns.
- Capital Expenditure Advantage: Apple's capital expenditures for FY 2025 were only $12.7 billion, significantly lower than the over $100 billion projected by Amazon, Alphabet, and Meta, showcasing its capital-light strategy that effectively reduces financial burdens in the AI sector.
- Strategic Investment Focus: By partnering with companies like Alphabet, Apple mitigates direct investment risks in AI while maintaining competitiveness in its products and services, ensuring future growth potential and shareholder returns.
See More
Apple's Q1 Operating Cash Flow Nears $54 Billion
- Outstanding Cash Flow: Apple's operating cash flow for Q1 of fiscal 2025 approached $54 billion, reflecting significant year-over-year growth that underscores the company's strong performance in product demand and profitability, thereby enhancing its financial flexibility.
- Capital Expenditure Strategy: In contrast to its peers, Apple's capital expenditures were only $12.7 billion, significantly lower than the over $100 billion projected by Amazon, Alphabet, and Meta, allowing Apple to engage in the AI market without sacrificing profitability due to its capital-light approach.
- Strong Product Sales: Fueled by the launch of the iPhone 17 family, Apple's net sales reached $143.8 billion in Q1, a 16% year-over-year increase, with iPhone revenue hitting an all-time quarterly high of $85.3 billion, demonstrating robust market demand and pricing power.
- Shareholder Return Plan: In Q1, Apple not only successfully paid its quarterly dividend but also repurchased approximately $25 billion in stock, indicating the company's commitment to maintaining strong cash flow while actively rewarding shareholders, thus boosting investor confidence.
See More
OVHCLOUD - SIX-YEAR CONTRACT AGREEMENT
- Contract Duration: The cloud contract spans a period of six years.
- Service Provider: The details regarding the specific cloud service provider involved in the contract are not mentioned.
- Purpose of Contract: The contract is likely aimed at enhancing cloud services for the organization.
- Implications: This long-term commitment may indicate a strategic move towards digital transformation and reliance on cloud technology.
See More
EU Commission Grants Awards to Post Telecom, Stackit, Scaleway, and Proximus
EU Commission Awards: The European Commission has awarded contracts to several companies, including Telecomm, Stackit, Scaleway, and Proximus.
Focus on Digital Services: These awards are part of the EU's initiative to enhance digital services and infrastructure across member states.
See More
NiSource Partners with Alphabet for Long-Term Energy Agreement
- Long-Term Energy Agreement: NiSource has entered into a new agreement with a subsidiary of Alphabet to support the development and operation of a large-scale data center in northern Indiana, which is expected to benefit existing customers and local communities while enhancing regional economic development.
- Application of GenCo Model: This marks the second major agreement utilizing NiSource's NIPSCO Generation LLC (GenCo) model, designed to provide value to system customers while attracting significant investment to Indiana, thereby potentially driving substantial economic growth in the region.
- Enhanced Customer Benefits: NiSource projects aggregate cost savings of approximately $1.25 billion, translating to annual savings of $90 to $115 for residential customers, while also contributing $17 million to a customer fund supporting local communities hosting generation and data center projects.
- Infrastructure Enhancement: NIPSCO and GenCo will provide approximately 340 MW of transmission and generation infrastructure, supplemented by seasonal market purchases of up to 175 MW, ensuring safe and reliable power sourcing for data centers and further strengthening grid reliability and resilience.
See More
QSM Asset Management Increases Stake in Mobileye
- Increased Holdings: QSM Asset Management acquired 611,003 shares of Mobileye in Q1 2026, with an estimated trade value of $5.54 million, reflecting confidence in the company's future prospects.
- Quarter-End Valuation: At quarter-end, the value of Mobileye's stake was $4.13 million, representing 2.02% of QSM's reportable assets under management, indicating its significance within the investment portfolio.
- Market Response: Despite Mobileye's stock being down over 80% from its all-time high, analysts project a forward P/E ratio of 30, suggesting the company is poised for profitability and rapid growth.
- Investment Timing: QSM's acquisition is viewed as a bullish signal in the current market climate, particularly as autonomous driving technology gains traction, potentially offering significant returns for investors.
See More
Apple Maintains Low Capital Expenditure in AI Race
- Earnings Momentum: In the fiscal Q1 of 2025, Apple reported a 16% year-over-year increase in net sales to $143.8 billion, driven by the iPhone 17 launch, which set a record with $85.3 billion in revenue, reflecting strong market demand and profitability.
- Strong Cash Flow: The company generated nearly $54 billion in operating cash flow during Q1, which not only funded its quarterly dividend but also allowed for a $25 billion stock repurchase, indicating robust financial health and commitment to shareholder returns.
- Capital Expenditure Advantage: Apple's capital expenditures for FY 2025 were only $12.7 billion, significantly lower than the over $100 billion projected by Amazon, Alphabet, and Meta, showcasing its capital-light strategy that effectively reduces financial burdens in the AI sector.
- Strategic Investment Focus: By partnering with companies like Alphabet, Apple mitigates direct investment risks in AI while maintaining competitiveness in its products and services, ensuring future growth potential and shareholder returns.
See More
Apple's Q1 Operating Cash Flow Nears $54 Billion
- Outstanding Cash Flow: Apple's operating cash flow for Q1 of fiscal 2025 approached $54 billion, reflecting significant year-over-year growth that underscores the company's strong performance in product demand and profitability, thereby enhancing its financial flexibility.
- Capital Expenditure Strategy: In contrast to its peers, Apple's capital expenditures were only $12.7 billion, significantly lower than the over $100 billion projected by Amazon, Alphabet, and Meta, allowing Apple to engage in the AI market without sacrificing profitability due to its capital-light approach.
- Strong Product Sales: Fueled by the launch of the iPhone 17 family, Apple's net sales reached $143.8 billion in Q1, a 16% year-over-year increase, with iPhone revenue hitting an all-time quarterly high of $85.3 billion, demonstrating robust market demand and pricing power.
- Shareholder Return Plan: In Q1, Apple not only successfully paid its quarterly dividend but also repurchased approximately $25 billion in stock, indicating the company's commitment to maintaining strong cash flow while actively rewarding shareholders, thus boosting investor confidence.
See More
