Traders Are Fleeing Stocks Feared to Be Under Threat From AI

The article highlights the growing influence of artificial intelligence (AI) on the US financial markets. Nvidia Corp., a leading AI technology company, has become the most valuable company in the world, valued at nearly $4.5 trillion. Additionally, AI startups such as OpenAI and Anthropic have raised substantial amounts of capital, further underscoring the increasing significance of AI in the industry. The article suggests that traders are fleeing stocks that are perceived to be under threat from the rise of AI. This trend reflects the concerns and uncertainty among investors regarding the potential impact of AI on various sectors and businesses. The article does not provide specific details on which stocks are being affected or the extent of the sell-off, but it highlights the broader sentiment of caution and wariness among traders regarding the disruptive potential of AI in the financial markets.
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