sanitation@lemmy.today to me_irl@lemmy.world · 7 days agoMe_irllemmy.todayimagemessage-square69linkfedilinkarrow-up1455arrow-down19
arrow-up1446arrow-down1imageMe_irllemmy.todaysanitation@lemmy.today to me_irl@lemmy.world · 7 days agomessage-square69linkfedilink
minus-squarelefaucet@slrpnk.netlinkfedilinkarrow-up11·7 days agoUnfortunately a lot of larger funds buy or follow S&P500. Tesla is currently ranked in 9th place on the 500 list, weighing in at 1.77% of the index. What scares me is like the top 10 companies on that are resting heavily on AI. Like 30% of the S&P is gonna get hit hard if the AI bubble pops https://stockanalysis.com/etf/spy/holdings/
minus-squaremsage@programming.devlinkfedilinkarrow-up3·6 days agoThe rest will fall like domino the entire economy is.
minus-squareJcbAzPx@lemmy.worldlinkfedilinkEnglisharrow-up2arrow-down1·6 days agoS&P is not buying it.
Unfortunately a lot of larger funds buy or follow S&P500. Tesla is currently ranked in 9th place on the 500 list, weighing in at 1.77% of the index.
What scares me is like the top 10 companies on that are resting heavily on AI. Like 30% of the S&P is gonna get hit hard if the AI bubble pops
https://stockanalysis.com/etf/spy/holdings/
The rest will fall like domino the entire economy is.
S&P is not buying it.