Delivery, payments, and software stocks slid sharply Monday after Citrini Research published a report laying out the potential risks that artificial intelligence could pose to various segments of the global economy.
DoorDash Inc., American Express Co., KKR & Co Inc. and Blackstone Inc all slumped more than 8%. Shares of other companies name-checked in the article, including Uber Technologies Inc., Mastercard Inc., Visa Inc., Capital One Financial Corp. and Apollo Global Management Inc. were all lower by at least 3%.
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