From Nasdaq: 2024-07-30 13:00:00

The 2024 Paris Olympics commenced on Jul 26 and will run till Aug 11. The event will have significant economic implications for the host country and sponsors, leading to increased advertising efforts by event sponsors across various platforms to promote their brands and related ETFs.

Alibaba is the official cloud and e-commerce provider of the games, with 9.6% exposure in MicroSectors FANG+ ETN. Airbnb, a Global Partner, aims to promote sustainable tourism and local economies, with 4.7% weight in Invesco Leisure and Entertainment ETF. Coca-Cola, a long-time IOC partner, holds 8-10% exposure in various ETFs.

Visa, an IOC partner since 1986, processes over 500 million transactions daily and has exposure in funds like iShares U.S. Financial Services ETF. Intel plans to introduce AI-driven innovations for the Paris Olympics and can be accessed via ClearBridge Focus Value ESG ETF. Comcast’s exclusive streaming for the 2024 Olympics is expected to bolster its near-term prospects.



Read more at Nasdaq: Participate in Paris Olympics With These Stocks & ETFs