Today, we are featuring top-performing “Technology" equity mutual funds, which primarily invest in equity securities of companies that deal in advanced technologies.

Investors can find such funds by checking out the entire list of the Zacks #1 Rank Technology Equity Funds.

3 Hi-Tech Choices

T. Rowe Price Global Technology (PRGTX) seeks long-term capital growth. It may purchase stocks ranging from small companies to blue chip firms with established track records.

The fund invests at least 80% of its net assets throughout the world in the common stocks of companies that generate a majority of their revenues from the development, advancement, and use of technology. It looks to invest at least 30% of its assets in established as well as emerging foreign markets.

Shareholders have to make a minimum initial investment of $2,500 to enter this Zacks#1 Rank (“Strong Buy") fund. As of June 2009, it has a portfolio turnover of 104.6%.

David J.

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At a recent press release, Equinix Inc. (EQIX) unveiled its plan to set up a 4,500 square meter or 48,400 square foot data center in Geneva , Switzerland . The company is in the process of expanding its global data center network to meet the global demand for data center services. This second data center in Geneva falls within the company’s $1.4 billion expansion plan to be executed within 2007 – 2010 in which the company expects to expand its operation in 15 out of 18 markets.  This new GV2 data center will be completed in phases. The first phase is scheduled to open in December 2009, increasing the company’s cabinet capacity by 380. The data center will have a total capacity of 780 cabinets after completion. This GV2 data center will run on the services of the company’s existing data center (GV1) which supports functions of ...

  Yesterday in a speech, Federal Communications Commission (FCC) Chairman Julius Genachowski has recommended a new rule to apply net neutrality to all telecom and cable service providers. Net neutrality will prohibit internet service providers (ISP), especially the phone and cable companies, from discriminating against users or applications. ISPs must grant consumers equal access to all legal web applications and services. The rule was so far applicable to the wired services providers, but the new proposal from the FCC wants to bring the flourishing wireless industry under scrutiny. The FCC’s new proposal is, in general, bad news for large telecom and cable operators like AT&T (T), Verizon Wireless (VZ), T-Mobile, a division of Deutsch Telekom (DT) and Comcast Corp. (CMCSA). As of now, these companies can restrict any devices, applications, services, or contents from running through their respective networks that competes with their own ...

Sometime over the next 16 months, one-quarter of the Internet will go on sale. But you shouldn’t be suckered into this deal…

Before we get into the ins and outs of this sale, we need to clarify what it means to actually buy one-fourth of the Internet. Of course, you can’t just own something as large and independent as the Internet. But you can buy a portion of its traffic.

We’ve been recently writing about international telecoms. If you bought up enough of these Internet Service Providers you could potentially own enough Internet traffic to constitute a quarter. But there will soon be another way you can invest in the traffic with just a single click.

About 50% of all Internet traffic is from file sharing– people sharing music, videos, games, and every other type of file you can think of. Regardless of how you feel about Internet piracy, 50% of all bandwidth

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More bad news for housing… one chart shows the bottom could still be far away…Credit crunch slams entitlements… demise of Social Security, Medicare now years closer…Stocks suffer… Bill Jenkins on the “surprise” data behind today’s sell-off…Jim Nelson shares one of “the world’s most exciting growth industries”…Plus, Byron King’s taking profits… a sector worth selling, right now

American home prices just suffered their worst quarter in recorded history.

That’s the word from the National Association of Realtors today… the median home price fell 14% from the first quarter of 2008 to the first three months of 2009, to just $169,000. Of the 152 metropolitan areas surveyed by the NAR, just 18 registered annual price gains. Nearly half of all sales during the first quarter were foreclosed properties or short sales. A whopping 3.7 million previously owned homes are still on the market.

Is this rock bottom for U.S. housing? Ehh…

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Wall Street is constantly hung up on finding the next giant economy. Is China going to continue to grow as a superpower? What about India?

The suits on the Street ask themselves these questions every day. They don’t realize that these superpowers aren’t the only places you can make big money.

Indonesia has the world’s fourth largest population, over 200 million people, but it ranks no. 16 in GDP purchasing power. Poverty and disease plague this sleeping giant. That’s why the median age of the country is just 28 years old.

The country has made some progress of late through the presidency of Susilo Bambang Yudhoyono. Elected in 2004, Yudhoyono was an already important and popular figure in Indonesia after a few stints in the first couple cabinets of the fairly new democracy. He has the rank of General and is a very influential military leader worldwide.

He continues to stay popular and will,

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U.S. President Barack Obama has opened the door to a broader relationship with Cuba by loosening travel and communication restrictions. But will pressure from numerous Latin American states and a promise to usher in a new era of cooperation and dialogue in the Western Hemisphere ultimately result in the revocation of the 47 year-old trade embargo? And what would it mean if the Cuban trade embargo were actually abolished? President Obama has already loosened several restrictions enacted by his predecessor George W. Bush. Prior to his arrival at the Summit of the Americas in Trinidad and Tobago last weekend, Obama relaxed restrictions on travel to Cuba, making it easier for Cuban Americans to visit and transfer money to relatives on the island. “There are no better ambassadors for freedom than Cuban Americans,” Obama said in a campaign speech last year. “It’s time to ...

Tucows (TCX) is an international provider of Internet service and offers reseller services, including domain services, email services, personal names service, SSL service, platypus ISP billing solutions and blogware, and Web site builder publishing services. The company also provides retail services that include domain registration, email, and other Internet services. In addition, it offers a domain portfolio, consisting of various classes of domain names.

Tucows owns roughly 150,000 domain names, most of which came through an $18 million acquisition in 2006 of rival NetIdentity. Earlier this month, Tucows announced a partnership with Web.com to provide personalized email and Web services to small and medium-sized businesses. Canada-based Tucows works with a network of 9,000 Internet Service Providers (ISPs) across the globe to market its products and services. The company also offers services through resellers and Internet-based distribution network of Internet service providers, Web hosting companies, and other providers of Internet services, as

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