Global week ahead: Markets brace for more AI noise and ‘scare trading' [CNBC]
RELX PLC PLC American Depositary Shares (Each representing One Ordinary Share) (RELX)
US:NYSE Investor Relations:
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Source: CNBC
crosshairs of investors looking to bet on which industry could be upended by the inevitable wave of agentic AI. There will almost certainly be more of these moments this week, as some of the biggest names in AI take to the stage at an event in India. Andriy Onufriyenko | Moment | Getty Images Looking back at last week's volatility could gives some clues for the trading week ahead, as the impact of a series of announcements from US-based AI giants played out from sector to sector, but also across the Atlantic. In Europe, software companies suffered, including Dassault Systemes which saw its share post the biggest ever one-day drop, and RELX , a British analytics group which recorded its worst session decline since 1988. Wealth managers also came under pressure, with names like St James's Place Aberdeen Group and Quilter all nursing deep losses. In a recent note, UBS analysts said they believe that the AI-driven sell off reflects a “growing disruption is accelerating well be
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