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Dan Bin, Chairman of Dongfang Hongwan, stated at the 2025 Xueqiu Carnival that artificial intelligence is a long-term investment opportunity lasting over ten years, and that worrying about bubbles is less important than fearing missing out on the era. He believes that next year will be the "year of application explosion," with the foundational layer and application layer developing together. Great companies can break through valuation limits over long cycles, where value and growth are integrated, and the margin of safety in investment lies in the company's growth capability
The US SEC has charged seven companies with orchestrating a $14 million crypto fraud via WhatsApp investment clubs. These firms, including Morocoin Tech Corp. and Berge Blockchain Technology Co., allegedly used fake AI-driven crypto trading platforms and deepfake videos to deceive investors. The scheme involved fabricated trading platforms and non-existent security tokens, with funds misappropriated overseas. The SEC's complaint highlights the use of social media and AI to lend credibility to the scam, which ran from January 2024 to January 2025.
U.S. stock futures were mostly flat after the S&P 500 hit a new record high, closing at 6,909.79. Major indices extended their winning streak, driven by tech giants like Alphabet and Amazon. Traders await jobless claims for economic signals, with early market closure on December 24 and closure on December 25 for Christmas.
Quantum computing is emerging as a major investment opportunity, akin to AI's rise five years ago. Quantum computers, using qubits, can solve complex problems rapidly, impacting fields like cybersecurity and drug discovery. The U.S. and China are in a race for quantum supremacy, with significant investments. Google's Willow chip exemplifies industrial-grade quantum development. Investors are advised to consider quantum computing as it transitions from theory to practical application, with AI accelerating its progress.
Alphabet has emerged as the top-performing stock of 2025, with a 57% return. Despite a high P/E ratio of 30, Alphabet's growth in AI, Google Cloud, and YouTube suggests strong future potential. The company is self-funding its AI expansion and generating positive cash flow. With steady revenue growth and margin expansion, Alphabet remains a promising long-term investment, expected to deliver strong returns over the next decade.
