Latest Updates Around The World
The artificial intelligence storm that roiled global markets has visibly shaken Indian IT stocks, but for seasoned fund managers, volatility often presents opportunities. Shreyash Devalkar, head of equities at Axis Mutual Fund, spoke to ET Now to share his unfiltered view on the AI-powered sell-off, and where investors should position themselves in this fast-changing landscape. […]
Shares of Bengaluru-exposed real estate developers including Prestige Estates Projects, Oberoi Realty and Brigade Enterprises, and other real estate stocks fell as much as 4% on Friday, dragging the sector index down over 2%, as investors flagged emerging risks of potential AI-led disruptions in the technology sector.The sell-off reflects concerns that weaker prospects for the […]
Mumbai: Indian software services shares suffered another selloff on Thursday, with the Nifty IT index falling more than 5% for the second time in less than 10 days, as unexpectedly strong US jobs data for January further fueled existing concerns about AI’s impact on the sector. The NSE’s IT benchmark fell 5.5% to close at […]
Retail investors bought software and technology stocks after last week’s heavy sell-off, largely brushing aside concerns that advances in artificial intelligence models could upend parts of the sector.Net inflows into BlackRock’s iShares Expanded Tech-Software Sector exchange-traded fund reached a record $176 million over a rolling one-month period as of Monday’s close, according to data compiled […]
US software stocks extended their decline on Wednesday, driven by fears of disruption caused by artificial intelligence, with some analysts warning of more volatility as investors assess whether the challenge is existential for the sector. The sell-off was triggered by a new legal tool from Anthropic, which showed that the AI ​​industry is increasingly exerting […]
