AI disruption has disrupted global stock markets in recent weeks, putting every sector in the crosshairs of investors looking to bet on which industries will be upended by the inevitable wave of agent AI.
There will almost certainly be more such moments this week, with AI luminaries taking the stage at events in India.
Andriy Onufriyenko | Moments | Getty Images
A look back at last week’s volatility could provide clues for next week’s trading, as the impact of a series of announcements by the US-based AI giant spread across sectors and across the Atlantic.
In Europe, software companies were hit, including: Dassault Systèmes Its share recorded the largest single-day drop ever, relaxa British analysis group that recorded its worst session decline since 1988.
Asset managers were also put under pressure, with names such as: st james place, aberdeen group and quilter All are nursing deep losses.
Analysts at UBS said in a recent note that the AI-driven sell-off reflects “accelerating disruption beyond software” and warned that markets have only partially priced in the impact on credit. The Swiss bank expects this risk to increase in the United States throughout 2026 and into 2027, and to a lesser extent in Europe.
On the other side of the debate, Wedbush’s Dan Ives told Squawk Box Europe that “Software Armageddon is overblown,” and influential people said, “Software Armageddon is overblown.” sales force and ServiceNow Rather than being cannibalized by the AI revolution, they will become central participants in it.
All of this will come into sharp focus this week as India prepares to host one of the most important AI summits of the year. When organizers called the New Delhi event the “AI Impact Summit,” they may not have known how literally the market would take it at this moment.
The event attracts thousands of attendees and the lineup doesn’t disappoint. Headliners include Anthropic CEO Dario Amodei; microsoftBrad Smith, Mistral AI co-founder Arthur Mensch, metaAlexander Wang, Chief AI Officer. CNBC’s Arjun Karpal, who is covering the event, said, “We expect a lot of big deals, partnerships and customer announcements from tech companies in the Indian market. Think cloud deals, AI infrastructure, collaboration between government and tech companies. “We are attracted to the large, tech-forward customer base and huge pool of engineering talent that India offers. So we look forward to Prime Minister Modi rolling out the red carpet for Big Tech, and all executives will be happy to participate.” Please walk there. ”
—CNBC’s Arjun Kharpal contributed to this report.
