Incredible! The world's largest asset management company BlackRock is taking bold steps, "increasing risk allocation" in its $185 billion model portfolio. Not only has it significantly increased its holdings in U.S. stocks, but it has also aggressively expanded its exposure in the artificial intelligence sector.

Why is this happening? It turns out that the U.S. stock market has "top-notch earnings performance." BlackRock has reduced its holdings in international developed market stocks, overweighting U.S. stocks by 2%. On the day of the adjustment, funds in its ETFs flowed wildly, reaching several billion dollars in scale.

This year, the investment boom in AI combined with expectations of interest rate cuts from the Federal Reserve has led the S&P 500 index to reach a historic high. BlackRock is very optimistic, believing that U.S. corporate earnings are strong and that U.S. stocks can still rise. Since the third quarter of 2024, U.S. corporate earnings have increased by 11%, while similar companies in other developed markets have seen growth of less than 2%. The gap is truly significant! It's just that it's unclear how much of this asset allocation has entered the cryptocurrency sector.