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AI displacement trade rocks stocks again as Wall Street searches for next sector to price downward | Fortune
The AI worries have hit software stocks particularly hard, but they’re spreading to other industries and other markets.
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fortune.com
Why that $2 trillion software stock wipeout didn’t derail the AI bull market | Fortune
75% of companies in the S&P 500 have reported Q4 earnings, and profit per share across those companies is 12% higher than it was a year ago.
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cnbc.com
Asia-Pacific markets set to fall, tracking AI-fuelled losses on Wall Street
This is due to the release of AI tools that could replicate their businesses — or at least eat away at their profit margins.
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CNBC Daily Open: AI is coming after more sectors, and its pace isn't slowing
The latest victims of artificial intelligence are real estate, trucking and logistics stocks, joining financial and software stocks in plunging on AI fears.
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European stocks open lower after latest AI Wall Street sell-off
AI fears hit stocks on Wall Street on Thursday, with real estate, trucking and software shares among the hardest hit.
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Friday the 13th brings global selloff in stocks and gold as AI fear grips markets | Fortune
But analysts on Wall Street this morning are suggesting that the selloff may be overdone.
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AI displacement trade rocks stocks again as Wall Street searches for next sector to price downward | Fortune
The AI worries have hit software stocks particularly hard, but they’re spreading to other industries and other markets.
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A stock market doom loop is hitting everything that touches AI | Fortune
Even Alphabet, which is widely regarded as the biggest AI winner in the group, is down 11% off a recent peak.
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Trillion-dollar AI market wipeout happened because investors banked that 'almost every tech company would come out a winner' | Fortune
"Nobody truly knows who the long-term winners and losers of this extraordinary technology will be," Deutsche's Jim Reid wrote this morning.