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Stock impact report

TheStreet Pro: Four Stocks that Will Win Despite “Irrational Panic” over AI [Yahoo! Finance]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The big news this week is AI may not be the economic savior that companies were hoping for. Sure, AI will help cut costs and make companies more profitable. At least, initially. What happens next is the big question. Claim 50% Off TipRanks Premium Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential On Monday, the stock market dropped after an investment shop called Citrini Research released a hypothetical scenario about how the economy could look in 2028. And it's not pretty. Citrini's “Global Intelligence Crisis” hypothesizes that AI could cause skyrocketing white-collar unemployment, leading to a collapse in consumer spending and housing prices. Not all industries would be hit equally. Any business that sits in between transactions would be devastated. Like your credit card companies, Visa (V) and Mastercard (MA). Intermediaries like DoorDa Show less Read more
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