Wall Street is gripped by concerns about AI disruption. It first started with investors dumping shares of software companies, but quickly spread to sectors seen as vulnerable to automation, leading to sharp losses in US stocks this week.The AI fear trade did not even spare sectors such as private credit, real estate agents, data analytics, […]
Shares of major US companies in the energy sector rose sharply on Monday after President Donald Trump announced plans to take control of Venezuela’s oil industry and said US companies would revive it following President Nicolás Maduro’s takeover.While the US action is unlikely to have an immediate impact on crude oil prices given the current […]