Wealth Manager Stocks Sink as Traders Flee Next AI Casualty

[DivingForGold]

. . . Top executives from asset managers including Blackstone Inc., Apollo Global Management Inc. and Ares Management Corp. have spent recent days trying to convince their equity investors as well as the top backers of their funds that their fears about AI wiping out large swaths of their business are overblown. (TRUST US . . . :) :)