1 BTC
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- USD
First Trust Dow Jones Internet Index Fund ETF
As of May 30, 2026 at 09:02 UTC
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About First Trust Dow Jones Internet Index Fund ETF
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Latest News
5 articlesNetflix beat Q1 revenue and earnings estimates but provided softer Q2 guidance. The company plans to roll out a vertical video feed on mobile later this month to boost user engagement with shorter-form content. JPMorgan maintains an 'Overweight' rating with a $118 price target, citing strong global scale with 325+ million subscribers and growth potential from the new mobile strategy.
U.S. equities tumbled to their lowest levels in nearly seven months on Friday as the Nasdaq 100 officially entered correction territory, down over 10% from January highs. The decline was driven by geopolitical tensions with Iran rejecting ceasefire options, surging crude oil prices, deteriorating consumer sentiment, and rising inflation expectations. The 30-year Treasury yield climbed to 4.958%, threatening to breach 5% for the first time since July 2025, while the Fed rate hike probability by December jumped to nearly 50%.
Salesforce shares traded slightly higher on Thursday, bucking broader market weakness as investors rotated into large-cap software names. The company initiated a $25 billion accelerated share repurchase program, the largest ASR transaction in corporate history, reflecting management's conviction in growth durability. Despite recent strength, the stock remains down 29.86% over the past 12 months and trades below its 100-day moving average, though technical indicators suggest improving upside momentum.
Cisco and Nvidia announced an expansion of their Secure AI Factory platform to help enterprises deploy and secure AI across data centers and edge environments. The platform reduces deployment timelines from months to weeks while embedding security features. Cisco shares were down 0.71% in premarket trading at $78.34, with mixed technical signals showing neutral RSI but bearish MACD pressure.
PayPal stock spiked on Wednesday after President Trump announced he would not impose tariffs scheduled for February 1st, following a productive meeting with NATO Secretary General Mark Rutte on a Greenland security deal. The tariff cancellation removes trade uncertainty that could have impacted PayPal's significant cross-border European payment volumes. However, PayPal remains in a bearish trend with shares down 37.55% over the past 12 months, trading below key moving averages, though an oversold RSI suggests potential short-term undervaluation.
