SaaS companies took major hits: Microsoft closed down 2.87%, SAP was down 3.29% this morning on the German market, Salesforce lost 6.85% yesterday and was further down in overnight trading, ServiceNow ...
Japan’s benchmark Nikkei 225 index has fallen 1%, while most markets in Asia are closed for Lunar New Year holidays ...
Nifty IT index slides 2% as all constituent stocks fall amid US tech sector weakness and AI disruption fears — track the ...
Investors see weak ROI ahead as they also see AI adoption so pervasive that it makes whole business models obsolete. Both can’t be true, BofA says.
Sharp drops hit Wall Street on Thursday as technology stocks fell and bitcoin plunged again to roughly half its record price ...
US stocks fell sharply on Thursday as a sell-off in the technology sector reignited, extending a volatile run for equity markets buffeted by concerns that AI could disrupt entire industries. The S&P ...
Indian IT stocks plunge as AI automation and US tech sell-off drive Nifty IT to a 10-month low — see what this means for investors.
Financial-data stocks were big losers as investors worried about the threat AI poses to tools for modeling and analysis.
Information technology (IT) stocks continue to decline amid fears that artificial intelligence (AI) could disrupt the Indian ...
MU stock decreased by 42.5% from a high of $59.99 on 19 February 2020 to $34.47 on 16 March 2020, compared to a peak-to-trough decline of 33.9% for the S&P 500. However, the stock completely recovered ...
Sharp drops hit Wall Street as technology stocks sank and bitcoin plunged again to roughly half its record price set in the ...