An AI disruption bomb just went off for a widening swath of companies.
Résumé: Today, while the software-as-a-service disruption concern has been roiling for quite some time for many companies, yesterday's market action saw a massive new acceleration in the negative focus on companies that face a risk from AI disruption as new agentic AI applications come on board - some of them names that had escaped negative attention before. We look at a number of these names, other key moves in equities, the latest pressure on crypto and whether it can be stopped and macro and FX and more. Today's pod hosted by Saxo Global Head of Macro Strategy John J. Hardy.
Listen to the full episode now or follow the Saxo Market Call on your favorite podcast app.
Here's a link to an article discussing some of the impact on software-as-a-service (SaaS) companies from mounting fears of disruption from agentic AI.
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