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AI Fears Hammer Commercial Brokerage Stocks in Multi-Day Sell-Off

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Photo by Maxim Hopman on Unsplash
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Analysts at Keefe, Bruyette & Woods argue the market rout overstates the immediate threat artificial intelligence poses to labor-intensive real estate advisory work, even as CBRE posts strong quarterly results. Shares in some of the world's largest commercial property services firms plummeted this week as investor anxiety over artificial intelligence disruption spread to the real […]

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