US stock market saw a mixed trend as Treasury yields rose, impacting tech and growth stocks. Alibaba and Lyft stocks surged while gold and oil had mixed performance.
Gold prices rise as investors seek safe-haven assets and hedge against market uncertainty. Bitcoin and Ethereum also increase in value.
Goldman Sachs predicts a quarter of major economies’ workforce could be automated due to AI advancements, including ChatGPT. While AI could improve productivity, nearly two-thirds of US and Europe jobs are exposed to automation.
