“An investment in knowledge pays the best interest,” said Benjamin Franklin. But he didn’t have to contend with artificial intelligence. There are many aspects of the recent selloff that are concerning, with anything tangentially threatened by AI getting hit hard. Perhaps the most worrisome, however, is the fact that virtually no knowledge-based company appears to…
Feb 12 (Reuters) – Shares of trucking and logistics companies sank on Thursday, the latest industry to be sideswiped by worries that quickly advancing AI technology will lead to increased competition for established firms that rely on software for their services. Logistics firms Landstar System and CH Robinson both tumbled more than 14%, while the…
Strong Technical Breakout: The stock market is volatile right now, but at this time a strong technical setup is visible in selected stocks. Based on the weekly chart, clear breakouts, increasing volumes and positive momentum indicators in Navin Fluorine, Jindal Steel and Bajaj Consumer Care are indicating bullishness. According to the Axis Securities report, these…
IT Stocks Crash: The IT sector brought a big shock for investors in the stock market on Wednesday morning. In early trade, benchmark indices Sensex and Nifty were trading in the green with mild fluctuations. At the same time, Nifty IT was down by about 6.10 percent in the sectoral index on Nifty. All the…
