CNXT is outperforming because it owns China’s new-economy capex cycle: AI optical modules, batteries, automation, power electronics and advanced manufacturing, while broad China benchmarks remain weighed down by weak consumption, property stress and platform-margin uncertainty.
Biotechnology and semiconductors are leading the thematic tape, while silver, miners, solar, China internet and cloud software lag as markets digest the hawkish FOMC reset.
Natural Resources, financials, gaming and housing are leading as the market rotates away from AI hardware, while semiconductors are the clear laggard after Tuesday’s profit-taking.
Beyond AI, the best thematic opportunities appear in under-owned areas where price action, flows and macro catalysts are beginning to align: finance/fintech, REITs, infrastructure, dividend quality and selective power-linked themes, while natural resources remain poorly confirmed.
Natural Resources, blockchain, robotics/AI and semiconductors are leading as the market digests the Iran relief rally, while energy, MLPs, fintech and cannabis lag on the sharp crude reset.
Natural Resources, blockchain and semiconductors are leading as Iran deal optimism drives a risk-on reset, while space and cannabis lag.
Value’s 2026 leadership does not mean the Growth bull market is over. It signals a repricing of broad Growth exposure as investors favor current earnings, AI infrastructure bottlenecks, capital-markets leverage and inflation resilience over speculative monetization stories.
Semiconductors, biotech, space and materials-linked themes are rebounding sharply, while energy, cannabis and MLP exposures lag as oil falls on Iran deal optimism.
Thematic ETF flows this week show a market that remains constructive on growth, but increasingly selective about where it wants risk. Investors are still buying
Energy and MLP themes are leading as crude stabilizes, while blockchain, biotech, gold miners, clean energy and AI-adjacent momentum remain under pressure.
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