Global X Artificial Intelligence & Technology ETF Price & Performance (AIQ)

Recent market volatility has hit artificial intelligence (AI) stocks hard, with many experiencing significant sell-offs. Investors are retreating to safer sectors like utilities and consumer staples amidst fears of inflation and tariff impacts. Despite strong fundamentals, sentiment-driven trading has led to sharp declines, highlighting market sensitivity to external pressures.1

Elon Musk's xAI has launched Grok 3, an advanced AI model reportedly outperforming competitors in early tests. The model, praised for its reasoning skills, will be available to premium subscribers. Alongside, xAI introduced "Deep Search," a next-gen search engine, marking another step in AI innovation.2

Investor sentiment has soared to a 15-year peak, driven by AI advancements and economic resilience. A Bank of America survey shows declining cash holdings and increased equity investments. As global stocks rally, supported by tech and undervalued European equities, optimism about economic growth fuels the market's bullish outlook.3