Riding the AI Wave: How Tech Giants Power MSCI World ETF Returns

The iShares MSCI World ETF (URTH) continues to capture substantial gains from the ongoing artificial intelligence enthusiasm dominating U.S. technology corporations. October’s market performance was primarily fueled by the information technology sector, which continues directing billions of dollars toward AI infrastructure development.

Global equity markets posted significant advances last month, with the ETF benefiting enormously from massive capital flowing into artificial intelligence infrastructure projects. Nvidia, Microsoft, and Apple—the fund’s dominant holdings—all reported robust quarterly earnings closely tied to the artificial intelligence expansion.

This exchange-traded fund provides physical replication of the MSCI World Index, covering large and mid-capitalization stocks across 23 developed nations. However, a notable characteristic Read more...