Artificial intelligence is making a splash. In the market, this usually means others are having a rough week.

The latest victims of this technology are real estate, Freight and Logistics Inventoryjoining financial and software-as-a-service stocks tumbling on concerns about artificial intelligence.

Elon Musk commented on a podcast last week that office buildings will soon be empty as artificial intelligence replaces workers. This is a repeated point prose Posted by Matt Shumer, co-founder and CEO of OtherSide AI, who believes AI could eliminate entry-level white-collar jobs. If fewer people clock in, fewer leases will be signed.

On the freight side, the pressure is more specific. artificial intelligence company Algorithmic Holdings has released a tool it claims will allow operators to expand freight capacity by 300% to 400% without hiring more employees. That prospect was enough to send trucking and logistics stocks tumbling.

But AI isn’t hurting everyone’s bottom line. shares Siemens Engineering giant shares rose during European trading on Thursday Earnings forecast raised FY2026.

“We believe that artificial intelligence will have an impact on the real world, industrial manufacturing, product design or operations sooner than we expect,” CEO Roland Busch told CNBC.early european edition“.

Beyond artificial intelligence, U.S.-listed stocks L’Oreal fell down French cosmetics company soared 7.3% overnight Full-year sales fell short of expectations.

Meanwhile, the European Union agreed on Thursday a plan to restructure the bloc’s economy to make it more competitive amid a breakdown in global trade relations under the Trump administration.

It’s not just economics. this munich security conference Starting on Friday, conference president Wolfgang Ischinger told CNBC that the international order has been shaken, making EU reform more than just a matter of money.

—CNBC’s Michelle Fox, Sarah Min, Holly Ellyatt and Hugh Leask contributed to this report.

U.S. and Taiwan sign trade agreementwhich reduces tariffs Exports within the island increased to 15%. In return, Taiwan will eliminate or reduce tariff barriers on 99% of U.S. goods and provide “preferential market access” to U.S. industrial and agricultural exports.

Xiaomi electric SUV YU7 tops sales in China in January and 37,869 units sold, double as Tesla’s According to data from the China Passenger Car Association, the number of Model Y vehicles is 16,845. The Model Y, the best-selling model in December, fell to 20th place in January.

US-China proxy battle over Panama Canal ports It will become more and more serious. Hong Kong CK Hutchison Holdings Ltd. Thursday threaten legal action The group is locked in a confrontation with Danish shipping giant Maersk after Panamanian authorities appointed the group to temporarily take over operations of two strategic ports at either end of the Panama Canal.

Major U.S. benchmarks retreated on Thursday,and S&P 500 Index down 1.57%, Dow Jones Industrial Average Down 1.34% Nasdaq Composite Index down 2.03%. Apple stock price fell more than 5% and continued to fall Nearly 4% so far this year. Asia-Pacific stocks fell on Friday Japanese and Indian IT stocks fell.

(PRO) How will the U.S. Consumer Price Index affect the market? S&P 500 Index Possible losses up to 2.5% Or up 1.7% based on core month-on-month data JPMorgan Chase.