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Walmart, economic data await investors confronting AI ‘whack-a-mole’

U.S. stock investors will be on guard next week for further volatility induced by fears of artificial intelligence disruption as they also assess the durability of a rotation beneath the market’s surface, along with upcoming earnings from Walmart ‌and fresh economic data. After sinking shares of software companies this month, fears that new AI tools will disrupt various industries, including insurance, wealth management and transportation, slammed stocks this week. “It’s all this whack-a-mole ​game of trying to figure out what AI is going to destroy next in a world where you can invent a narrative, because this technology is so new that artificial intelligence is likely going to end up eating the whole world,” said Art Hogan, chief market strategist at B Riley Wealth.