AI Gave Investors a Glimpse of the Future This Month.
And Then They Sold Their Stocks.
“The main story is still tech and AI uncertainty,” said Ross Mayfield, investment strategist at Baird.
“It is making investors question the fundamental underpinning of the profitability of a lot of industries.”
Those worries have triggered several nauseating stock swings in recent weeks, some with relatively innocuous catalysts
—an incremental update to a particular AI tool, …
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