JP Morgan warns of a tech stock exodus as AI plugins disrupt software markets—read why investors are selling and what it means for your portfolio.
Global software stocks plunged as new AI tools reignited fears of disruption, triggering a worldwide selloff and forcing investors to rethink the sector’s future.
Shares of global and domestic software and IT companies had already been witnessing a gradual decline, but the sell-off has ...
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Explained: What is Anthropic's AI tool that wiped $285 billion off software stocks in a single day
A swift market reaction, dubbed 'SaaSpocalypse,' saw software stocks plummet by $285 billion after Anthropic's AI assistant, Claude Cowork, launched new plugins. The legal workflow automation plugin, ...
New sector-specific plugins for Anthropic's recently launched Cowork are sparking fears among investors in software companies.
A selloff in professional-services stocks followed fresh concerns that AI agents could disrupt traditional software pricing.
Portrait photographers spend up to 15 minutes per image removing stray hairs manually but that’s about to end, thanks to the ...
Some of the wealthiest software executives in the US have reportedly lost a combined $62 billion this year as fears grow that ...
LALAL.AI's Stem Separator is compatible with macOS, Windows and Linux. It's currently only available as a VST3 plugin but an ...
By Chibuike Oguh, Danilo Masoni and Medha Singh Feb 4 (Reuters) - Investors were assessing on Wednesday whether a selloff in ...
Nvidia CEO Jensen Huang has called fears of AI making software companies obsolete 'illogical.' He argues AI will leverage ...
Some companies in the legal sector sustained huge stock declines after Anthropic introduced Cowork plugins that can automate ...
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