AI Job Fears Rattle Markets Despite Nvidia Earnings Beat

Global markets turned volatile this week as artificial intelligence fears unsettled investors and reshaped asset allocation strategies.

Anxiety intensified after a 7,000-word report titled “The 2028 Global Intelligence Crisis” warned of mass job losses and a potential deflationary spiral.

The study projected millions of office roles could vanish, eroding demand and dragging major economies into prolonged stagnation.

Concerns mounted even as Nvidia posted its 14th consecutive revenue beat, reinforcing its dominance in AI-driven semiconductor markets.

The $4.5 trillion chipmaker exceeded January-quarter forecasts and guided above expectations, but shares retreated as valuation concerns resurfaced.

Investors cited rising competition and customer concentration risks, suggesting strong earnings were already priced into the stock.

Meanwhile, South Korea’s KOSPI index has surged more than 48% year-to-date, making it the world’s best-performing major equity market.

In media M&A, Paramount Skydance prevailed over Netflix with a revised $31-per-share bid to acquire Warner Bros Discovery, ending a months-long takeover battle.

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