BlackRock sees Big Tech investors shifting towards targeted themes like artificial intelligence. The iShares A.I. Innovation and Tech Active ETF from BlackRock, BAI, includes top holdings like Nvidia, Broadcom, Meta Platforms, and Microsoft. Despite a recent 5% drop, BAI is up 36% since last October.

BlackRock’s Jay Jacobs is bullish on blockchain-related stocks, highlighting the iShares Ethereum Trust ETF (ETHA), which has surged almost 42% in the past 12 weeks. Amplify ETFs founder Christian Magoon sees opportunity in the crypto space with the actively managed Amplify Transformational Data Sharing ETF (BLOK), up almost 89% over the past year.

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1. S&P 500 reaches new record high as tech stocks rally, fueled by strong earnings reports from major companies like Apple and Microsoft.

2. US economy adds 943,000 jobs in July, surpassing expectations and marking the biggest gain in 11 months.

3. Tesla announces plans to open its first showroom in India, signaling a major expansion into the rapidly growing market.

4. Federal Reserve Chair Jerome Powell hints at possible tapering of bond purchases later this year, citing strong economic growth and rising inflation concerns.

5. Amazon reports record-breaking sales during Prime Day event, with consumers spending over $10.4 billion globally.: Artificial intelligence, bitcoin as top BlackRock ETF place