Defense ETFs are becoming increasingly fascinating plays in the market, and it’s not just global tensions driving the rally. There’s a new catalyst in town: algorithms. With the U.S. and U.K. recently inking the MoU of the Technology Prosperity Deal (TPD), which includes a $42 billion investment in UK AI technology from U.S. tech giants, investors are looking at ETFs that invest in companies leveraging AI for defense.
SHLD is primed to benefit from the rise in AI-powered defence contracts. Track real-time prices here.
