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The Economic Times

Markets / The Economic Times

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US stock market | Wall Streets new trade is dumping any stock in AIs crosshairs

Wall Street is experiencing a sell-off in companies perceived to be at risk from AI advancements. Recent product launches, like Altruist's tax-strategy tool, have triggered significant stock declines in wealth management and other sectors. Investors are now prioritizing avoiding disruption over identifying AI winners, reflecting growing anxiety about the technology's potential to reshape industries.

11 Feb 2026 1:23 pm