kim_harding ✅Feb 21
Goldman Sachs launches AI-free index
https://www.axios.com/2026/02/20/ai-goldman-sachs-stocks-index
Goldman Sachs has launched an S&P ex-AI index, SPXXAI, which that lets you invest in the S&P 500 benchmark index minus all things AI.
This product is proof of the demand among investors for a way to hedge their exposure to the AI trade.
Exclusive: Goldman Sachs launches AI-free index

The product is proof of the demand among investors for a way to hedge their exposure to the AI trade.

Axios
Show threadJackie JudeFeb 21
@kim_harding this is gonna beat the market just like the "S&P 500 minus fossil fuels" beat the market https://ieefa.org/resources/another-bad-year-and-decade-fossil-fuel-stocks
Another bad year — and decade — for fossil fuel stocks

Despite industry hopes for the year, fossil fuels significantly underperformed equity markets in 2024.

Show threadNicole Parsons

@jackie @kim_harding

All the money invested in energy hogs like cryptocurrency & AI, such a waste...

... that money could have been invested in an accelerated build out of solar, wind, & renewable energy development.

Never again, could #PrinceBonesaw manipulate elections.
https://theintercept.com/2022/10/11/mbs-saudi-oil-biden-october-surprise-election-interference/

Never again, could Putin fund a war on nations with Illicit oil sales.
https://www.businessinsider.com/ukraine-attacked-russian-oil-depot-protected-by-anti-drone-nets-2026-2

https://www.themoscowtimes.com/2026/02/20/ft-uncovers-network-of-shell-firms-exporting-90bln-in-sanctioned-russian-oil-a92013

https://www.ft.com/content/4310f010-2b3c-493e-ba0a-26dc6d156b2e
https://archive.ph/fDxa2

https://www.bloomberg.com/news/articles/2026-02-20/china-snaps-up-distressed-russian-oil-cargoes-shunned-by-india

1/

“Election Interference”: Oil Price Hike Is Saudi Arabia’s October Surprise Against Biden

Saudi Arabia’s MBS, a putative ally, is teaming up with Vladimir Putin to interfere in U.S. elections by hiking oil prices with OPEC — an October surprise.

The Intercept
Feb 21 at 11:11pmWeb
Show threadNicole ParsonsFeb 21

2/

https://www.theguardian.com/environment/2022/jul/21/revealed-oil-sectors-staggering-profits-last-50-years/

The benefits of phasing out fossil fuels...

... national agency, autonomy and sovereignty. An economy freed of the bloodsucking that sees $3 billion a day in profits going to oil oligarchs & petrostate despots.

And perpetual oil wars & gas pump price gouging.
https://www.independent.co.uk/news/world/americas/oil-prices-jump-us-iran-b2923766.html?test_group=lighteradlayout

Koch Network couldn't threaten the EU, buy a Supreme Court or fund fascists.

https://english.elpais.com/international/2025-06-14/the-great-reset-the-far-rights-detailed-plan-to-dismantle-the-eu.html

https://www.desmog.com/2025/03/14/heritage-foundation-project-2025-allies-mcc-ordo-iuris-discuss-dismantling-the-eu-european-union/

https://www.nytimes.com/2025/12/20/us/politics/koch-network-2024-election-trump.html

https://theintercept.com/2022/06/30/supreme-court-epa-climate-charles-koch/

Revealed: oil sector’s ‘staggering’ $3bn-a-day profits for last 50 years

Vast sums provide power to ‘buy every politician’ and delay action on climate crisis, says expert

The Guardian