World shares are mixed after heavy selling of potential AI losers hits Wall Street

Market Overview - Global shares exhibited mixed performance, with U.S. stocks experiencing a slump due to heavy selling in companies potentially affected by the rise of artificial intelligence (AI) [1] - A report from Citrini Research highlighted concerns that AI could undermine the "human-centric consumer economy," leading to negative employment outcomes [1][2] Sector Performance - Gains were noted in the computer-chip sector, benefiting from the development of AI technologies [2] - In Asian markets, the Nikkei 225 index rose by 0.9% to 57,321.09, with Advantest and Disco Corp. seeing increases of 4.5% and 2.1% respectively [3][4] - The Shanghai Composite index increased by 0.9% to 4,117.41, while South Korea's Kospi rose by 2.1% to 5,969.64, driven by strong performance from Samsung Electronics, which jumped 3.6% [4] U.S. Stock Movements - U.S. stocks fell sharply, with the S&P 500 down 1% to 6,837.75 and the Dow Jones Industrial Average dropping 1.7% to 48,804.06, following President Trump's announcement of new tariffs [5][6] - Companies like CrowdStrike and AppLovin faced significant losses, with CrowdStrike down 9.8% and AppLovin down 9.1%, reflecting investor concerns over AI competition [7] Upcoming Earnings and Market Sentiment - Anticipation surrounds Nvidia's upcoming profit report, with concerns that major clients like Alphabet and Amazon may struggle to recover investments in Nvidia's chips [8] - Crude oil prices increased slightly, with U.S. benchmark crude rising to $66.62 per barrel, amid geopolitical tensions [8][9]