AI displacement trade rocks stocks again as Wall Street searches for next sector to price downward
U.S. stocks fell sharply Thursday as the market punished companies seen as potential losers from artificial-intelligence technology. The S&P 500 sank 1.6% for its second-worst day since Thanksgiving, though it’s still near its all-time high set late last month. The Dow Jo...
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fortune.com
AI displacement trade rocks stocks again as Wall Street searches for next sector to price downward
U.S. stocks fell sharply Thursday as the market punished companies seen as potential losers from artificial-intelligence technology. The S&P 500 sank 1.6% for its second-worst day since Thanksgiving, though it’s still near its all-time high set late last month. The Dow Jones Industrial Average...
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