Block’s layoffs exacerbated concerns that artificial-intelligence could decimate employee counts and hurt demand for software ...
Until very recently, the narrative around AI was that the $600 billion of annual corporate capital expenditure (“capex”) fueling it was good for stocks in the short term. The companies receiving that ...
Nifty IT and tech stocks plummet as AI disrupts sector and IBM slides 13%; track support and resistance levels for recovery now.
The S&P 500's recent downswing has caught many investors off guard. And some stocks are getting absolutely pounded.
Indian IT stocks, including Infosys and TCS, fell on February 18, following a decline in US tech stocks. The Nifty IT index dropped 1.5%, reflecting concerns over AI disruption impacting traditional ...
IT stocks on Wall Street faced pressure in overnight deals as fears of AI disruption grew and expectations of a Fed interest rate cut diminished. Notable declines were seen in several firms, while ...