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Should Dividend Investors Be Concerned That 23.9% of the Schwab U.S. Dividend Equity ETF (SCHD) Is Now Invested in Energy Stocks?

With over $85 billion in net assets and a 3.3% yield, the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) is one of the most popular high-yield dividend exchange-traded funds (ETFs). It’s up 10.8% year to date, compared to a 5% decline in the S&P 500 (SNPINDEX: ^GSPC). The ETF’s exposure to the scorching hot energy…

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China unveils plan to accelerate AI integration with energy sector for breakthroughs in key technologies

China unveils plan to accelerate AI integration with energy sector for breakthroughs in key technologies

China has set up over 40,000 smart factories, 11 national pilot zones for AI innovation and application, as well as 17 national demonstration zones for intelligent connected vehicle testing, the data reveals. Also China has launched a 60-billion-yuan (about USD 8.4 billion) national AI industry investment fund to set up rules on AI ethics, China-BRICS…

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