Fuck this.
I've lost thousands these past couple of weeks thanks to agent orange here who's been threatening Taiwan with all sorts of bullshit. This has affected the whole chip market, which in turn affected the EV market and other computer hardware manufacturers.
Already, the EV market wasn't doing so well due to lack of enthusiasm from consumers who can barely afford a shelter over their head, let alone a good damn electric car at the price they're selling them. This also affect the EV battery industry and everything related.
My ETFs we performing poorly already, so on to of this with the chip industry stocks tanking, I decided to sell everything.
Instead I'm going to invest in SAP which seems to be doing well and I think they announced they were going to enter the travel industry with a new platform? And their stocks are going strong.
Brother, SAP is a force to be reckoned with.
They are the industry standard in ERP/CRM systems and general ecommerce. Their software are huge important components of practically all the major companies in the world.
Just because you saw "AI" on their website homepage doesn't mean anything. They're not developing the next ChatGPT. They are leveraging AI for analysing data to help companies make business decisions or to predict events. Which is how AI should be used.
Having had SAP stock for at least the pas 10 years, I can tell you it's a sure value.
Also disclaimer: I used to work for SAP and that's how I ended up getting stocks. Because it was part of my benefits package.
Right on man, I'll do some more research on it :)