How the Election Splits Big Tech

This ETF Zoo episode covers the market reaction to the midterm election, including the S&P 500 rising nearly 2% while hyperscalers rallied and chipmakers and neocloud CoreWeave fell. It discusses restrictive data center referendums and how a slower AI buildout could reshape winners and losers, then turns to bonds and ETF product developments, including duration risk, active versus index performance, credit default swap ETFs, leveraged single-stock funds, uncapped sector ETFs and newly filed long-call option ETFs.

1. The S&P 500 rose nearly 2% after the midterm election, but hyperscalers rallied while chipmakers such as NVIDIA and Broadcom slid and CoreWeave dropped 16%.
2. All but one of more than 50 data center referendums went the restrictive way, and the episode explores how a slower AI buildout could reshape winners and losers.
3. The conversation covers why AI-related debt flowing into corporate bond ETFs may benefit fixed income investors and why investors appear to be getting paid for duration risk.
4. The group discusses active managers beating benchmarks less often than index trackers, new credit default swap ETFs, leveraged single-stock funds, uncapped sector ETFs and 56 newly filed long-call option ETFs.