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← /news·[MARKETS]·JUN 20·2 min read

Exchange Traded Concepts and PurePlay ETFs Launch Nvidia Ecosystem Picks & Shovels ETF (NVPS) on Nasdaq

Exchange Traded Concepts, LLC (ETC) and PurePlay ETFs launched the PurePlay Nvidia Ecosystem Picks & Shovels Index ETF on Nasdaq under the ticker NVPS on June 18, 2026.

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[MARKETS]01

Tesla shares slide 11% as discount pricing squeezes profits while capex doubles on AI and robotics push

The unit economics of vehicle manufacturing leave little room for price concessions.

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[MARKETS]02

AI spending signals send Tesla and Alphabet sharply lower

The constraint investors are now explicitly pricing is this: artificial intelligence infrastructure spending accrues upfront, at scale, and the revenue it is supposed to generate arrives later, with significant uncertain…

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[MARKETS]03

Cloud gaming's subscriber acquisition gap pushes Amazon and Microsoft toward separate models

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