A Goldman Sachs basket of US software stocks sank 6%, its biggest one-day decline since April’s tariff-fuelled sell-off, ...
12h
$285 billion loss! Anthropic AI tool triggers sharp selloff in US markets, software companies hit
The selloff started before the US market opened as traders pointed to a release on the Anthropic website as the reason behind steep declines in the shares of credit and marketing services company ...
Bloomberg on MSN
Anthropic AI tool sparks stocks selloff
A new AI automation tool from Anthropic PBC sparked a $285 billion rout in stocks across the software, financial services and asset management sectors on Tuesday. The selloff started before the US ...
32m
Nvidia CEO Jensen Huang Just Said AI Won't Replace Software. 3 Beaten-Down SaaS Stocks To Buy Now
This year, the AI disruption theory has clearly gained steam with the iShares Expanded Tech-Software ETF ( IGV 1.81%), which ...
While most shares in the S&P 500 rose after solid US services data, the index barely budged. Software firms were caught in another wave of selling as investors worried about risks from better ...
Accounting Today's own Year Ahead survey found that a significant proportion of firms are still experiencing staffing issues: for large firms, recruiting and retaining good employees was the No. 1 ...
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