As the AI disruption continues to impact various industries, fears are now extending to new verticals beyond just Tech. According to Bloomberg, wealth managers, commercial real estate brokers, logistics, and cyclicals are also feeling the pressure. This week’s earnings calendar highlights several companies in these sectors that may be impacted by AI, including:

* Tuesday (Feb 17): Axcelis Technologies (ACLS), Cadence Design Systems (CDNS), MKS Instruments (MKSI), and Palo Alto Networks (PANW) will report after the close.
* Wednesday (Feb 18): Analog Devices (ADI), Amplitude (AMPL), Clearwater Analytics (CWAN), Fortress Investment Group (FIG), and Onto Innovation (ONTO) will report before or after the open, while Dropbox (DBX) and Five9 (FIVN) will report after close.
* Thursday (Feb 19): Appian (APPN), Akamai Technologies (AKAM), Harmonic (HLIT), RingCentral (RNG), and Workiva (WK) will report after close.

These companies are not only in new verticals but also have different business models, which may make them more vulnerable to AI disruption. For example, wealth managers rely heavily on data analysis and AI-powered algorithms to provide personalized investment advice, while commercial real estate brokers use AI to analyze market trends and identify potential buyers or sellers. Logistics companies are leveraging AI to optimize supply chain management, and cyclicals are using AI to improve their financial forecasting capabilities.

The latest round of AI turbulence was evident last week in UBS’s AI Risk Basket/UBXXAIRK, which fell 9%, while Profitless Tech/UBXXZERO was down 5.5%. The broadening into additional verticals outside of Tech is a new development, highlighting the far-reaching impact of AI on various industries.

As AI continues to advance and become more integrated into different sectors, it’s essential for investors to stay vigilant and monitor their portfolios closely. Companies that are not adaptable to changing market conditions may struggle to maintain their competitive edge, while those that embrace AI could potentially benefit from its transformative power.