$SPDR S&P 500 ETF Trust(SPY)$ S&P 500 is no longer a broad-based index - its dominated by Mag 7. They now make up 33% of the index. Not saying AI adoption will go down but index is definitely overvalued and a correction may come.
$Alphabet(GOOGL)$ solid company, solid CEO, solid Q2. Cashing out in 4 months only because I've hit my TP. It's impressive that they rebounded from AI competition and grew even stronger.