Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Feb. 11, 2026. <\/p>\n
Brendan Mcdermid | Reuters<\/p>\n
Artificial intelligence is having a moment. And in markets, that usually means someone else is having a rough week.<\/p>\n
The latest victims of the technology are real estate,<\/a> trucking and logistics stocks<\/a>, joining financial and software-as-a-service stocks in plunging on AI fears.<\/p>\n Office towers could soon be empty, according to Elon Musk, who made the comments on a podcast last week, as AI replaces workers. It’s a point echoed in an essay<\/a> by OtherSide AI co-founder and CEO Matt Shumer, who argued that AI could eradicate entry-level, white-collar jobs. If fewer people clock in, fewer leases get signed.<\/p>\n In freight, the pressure was more concrete. AI company Algorhythm Holdings<\/a> released a tool it claims allows operators to scale freight volumes by 300% to 400% without hiring more employees. That prospect was enough to send trucking and logistics stocks plummeting.<\/p>\n “We believe investors are rotating out of high-fee, labor-intensive business models viewed as potentially vulnerable to AI-driven disruption,” Jade Rahmani, an analyst at Keefe, Bruyette & Woods, said in a note Wednesday.<\/p>\n Not every balance sheet is under siege. Japan’s SoftBank<\/a> said it added $4.2 billion in value<\/a>\u00a0to its OpenAI investment,\u00a0which helped\u00a0boost\u00a0its Vision Fund by $2.4 billion\u00a0in the December quarter.<\/p>\n AI was also the centerpiece of Prime Minister Lawrence Wong’s 2026 budget announcement<\/a>. The city-state will launch a “national AI council,” support firms that want to harness AI and provide citizens who undergo select courses with six months of free access to advanced AI tools.<\/p>\n Separately, CK Hutchinson Holdings<\/a> on Thursday said that it would take “legal recourse<\/a>” against\u00a0APM Terminals, an affiliate of Danish shipping giant Maersk<\/a>, if it takes over its operations at the Balboa or Cristobal ports in Panama. A CK Hutchinson subsidiary currently runs those ports, but Panama’s Supreme Court recently ruled to void the firm’s license<\/a>, a move widely viewed as a victory for the Trump administration.<\/p>\n \u2014 CNBC’s Michelle Fox, Sarah Min, Lim Hui Jie and Anniek Bao contributed to this report.<\/p>\n What you need to know todayAnd finally…<\/p>\n","protected":false},"excerpt":{"rendered":"Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Feb.…\n","protected":false},"author":3,"featured_media":585978,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[21],"tags":[691,253630,253800,4960,738,81,116723,64438,253798,144,251456,253801,253797,16209,135,95620,143,253799,1608,145,109936,94408,8187,158,67,132,68,7999,14812],"class_list":["post-585977","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-algorhythm-holdings-inc","tag-ap-moeller-maersk-a-s","tag-apple-inc","tag-artificial-intelligence","tag-business-news","tag-cbre-group-inc","tag-ck-hutchison-holdings-ltd","tag-cushman-wakefield-plc","tag-dow-jones-industrial-average","tag-hermes-international-sca","tag-ishares-u-s-real-estate-etf","tag-jones-lang-lasalle-inc","tag-jpmorgan-chase-co","tag-markets","tag-mercedes-benz-group-ag","tag-nasdaq-composite","tag-old-dominion-freight-line-inc","tag-panama","tag-sp-500-index","tag-sap-se","tag-siemens-ag","tag-stoxx-600","tag-technology","tag-united-states","tag-unitedstates","tag-us","tag-world-markets","tag-xpo-logistics-inc"],"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/585977","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=585977"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/585977\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/585978"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=585977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=585977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=585977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}