Ninisweet

Many people invest in both VOO and QM at the same time, thinking that this diversifies their risk.
In reality, you are just buying the same companies—NVIDIA, Apple, Microsoft, etc.—twice.
VOO tracks the S&P 500, while QM tracks the Nasdaq 100. The overlap in the top ten holdings is over half, with core companies like NVIDIA, Apple, Microsoft, Amazon, and Broadcom ranking high in both.
Many people think that adding QM increases their AI exposure. In fact, you are just adding more of the same batch of companies, only with a more concentrated position.
The real difference between the two

I recall quite a few people were recommending $crcl , but why did it drop so much today 😵?

Tonight the Federal Reserve is meeting, and many people are waiting to see whether they will cut interest rates.
There’s no suspense about this tonight—rates will stay unchanged, which is already the market consensus.
There are two things truly worth watching.
First is the dot plot. The probability of a rate cut this year has shifted to “on hold,” but if the dot plot sends a more dovish signal than expected, the valuation pressure on tech stocks will directly ease.
Second is how Waller speaks. He’s the new chair, with a style completely different from Powell’s, and tonight marks his fi

"The Cyberspace Administration of China recommends banning the dissemination and discussion of topics related to overseas investments such as U.S. stocks."
That picture circulating everywhere is fake news.
Recently, topics about U.S. stocks have indeed been very popular, with Futu Tiger being fined and the State Council issuing new regulations. There are already enough real regulatory news, and fake news has also started to increase.
AI-generated images can be made in seconds, anyone can produce one.
In the future, when you see such "breaking news," it's better to verify first.
If there's noth

Which jobs are disappearing due to AI?
Data speaks:
IMF: 40% of jobs worldwide are at risk of AI disruption, up to 60% in developed countries.
The most affected job categories:
Customer service: 80% expected to be automated, involving 2.24 million jobs in the U.S.
Data entry/administration: 7.5 million positions will disappear by 2027.
Retail cashiers: 65% face automation.
It's not just blue-collar jobs; white-collar and entry-level positions are also on the front lines. It's not large-scale layoffs but hiring freezes, job consolidations, and fewer entry-level roles.
Numbers al