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"You've got this somewhat dystopian narrative permeating the psychology of the market" with respect to AI and jobs, asset-management firm's CIO says.
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United Airlines' stock on Friday suffered its worst drop in 10 months, with other airline stocks also seeing steep declines amid rising oil futures prices and increased market jitters.
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Paramount must now absorb a troubled asset at a high cost, while Netflix investors seem overjoyed to not have such problems.
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