Stock Markets Tumble After AI Report Predicts 38% S&P 500 Decline

#NewYork, #USA
US stock markets declined after a Citrini Research report by James van Geelen predicted a 38% S&P 500 crash by 2028 due to AI-driven unemployment.Jim Cramer warned of market fragility as Salesforce shares fell 33% year to date and cybersecurity firms like CrowdStrike saw massive losses following new tool releases from Anthropic.While OpenAI leader Sam Altman discussed AI eventually surpassing human CEOs, analysts from JPMorgan and Wedbush like Dan Ives called the market reaction an overreaction.
Tags
#JamesVanGeelen#CitriniResearch#JimCramer#SP500#SamAltman#CNBC#DanIves#Salesforce#CrowdStrike#Anthropic#OpenAI#JPMorgan#Wedbush
Read more
CNBC The Times EFN
Discuss
Español
Français
Deutsch
Italiano
Svenska
24
Earth
USA
Europe
Tags
Feeds

#CrowdStrike

#DonaldTrump

Wall Street Sinks as Trump's Tariffs and New Tool Shakes Markets

#JamesVanGeelen

Stock Markets Tumble After AI Report Predicts 38% S&P 500 Decline

1
Stockholm, Sweden
+46 (0)8 525-171-42 Email