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An AI-focused ETF that holds major tech stocks like Meta, Apple, Microsoft, and Nvidia could potentially turn a $200,000 investment into $1 million over the long term, but its performance may be affected by the growth potential and market saturation of these large companies.

Analyst Dan Ives predicts an 'upgrade supercycle' for Apple's upcoming iPhone 16, driven by the integration of the company's AI platform 'Apple Intelligence'. This could significantly boost Apple's fundamentals and stock demand, though the AI revolution is not guaranteed to be led by Apple alone.

Tech stocks, led by Apple, fell due to weaker-than-expected demand for the iPhone 16, dragging down semiconductor stocks. Bonds rose as investors expect a 0.5% rate cut from the Federal Reserve.

Ajit Jain, Berkshire Hathaway's vice chairman, sold over half his stake in the company, raising questions about the future of Buffett's empire. The sale could be due to personal circumstances, Berkshire's high valuation, and tax considerations.

Warren Buffett believes that S&P 500 index funds are a winning investment over the long run, as they provide exposure to a diversified portfolio of the strongest companies. Historical data supports Buffett's view, showing the S&P 500 has consistently recovered and gained value despite short-term vol...