AI Fears Shake Global Equity Markets

On February 18, King World News reports that AI product announcements and upgrades from OpenAI and Anthropic have spooked investors, triggering sector selloffs in insurance, software, commercial real estate and Indian IT that erased roughly $50 billion in value. Market watchers cite steep one-day drops — CBRE down 12.8 percent, Nifty IT down 8.2 percent — and warn firms must reassess AI exposure.