New AI tools from Anthropic sparked a broad sell-off in software and data stocks. Executives say fears are overblown, but analysts warn of margin and pricing pressure. Investors are reassessing which ...

NEW YORK, Feb 5 (Reuters) - Wall Street's "Software-mageddon" has been snowballing. Now investors are debating whether it is time to warm up to the beaten-down stocks. The fallout for the software ...

IT stocks globally have been under pressure for months, due to fears of AI affecting future business growth. The latest crash in prices comes on the back of Anthropic rolling out new legal tools for ...

Anthropic new AI tool: Anthropic’s newly released AI automation tool is designed to take on routine legal work and its debut is already rattling investors. Anthropic Launches New AI Tool for Legal ...

(Bloomberg) — Wall Street has been skeptical about software stocks for a while, but sentiment has gone from bearish to doomsday lately with traders dumping shares of companies across the industry as ...

Editor’s note: This article was updated on February 5th. These are anxious times for software bosses. Not long ago they were sitting pretty thanks to juicy margins and a widespread belief that, as one ...