00:00It's Benzinga, bringing Wall Street to Main Street
00:02AI-driven volatility has triggered rolling sell-offs across multiple industries as investors
00:07react to fears of business model disruption, according to Bloomberg. Traders said the
00:12indiscriminate nature of the selling has disconnected prices from fundamentals and
00:16created buying opportunities. Logistics stocks fell nearly 7% in Thursday's session,
00:22with all 17 companies in the Russell 3000 trucking index declining, before most rebounded the next
00:28day. Software shares were also hit, even as 2026 earnings per share forecasts improved faster
00:34than the broader market. Wall Street strategists said the market reaction is irrational and
00:38narrative-driven, with no notable changes so far in earnings outlooks, adoption timelines,
00:43or capital spending plans tied directly to AI deployment. For all things money, visit Benzinga.com.
Comments