Wall Street has been skeptical about software stocks in recent times, but a phase of outright panic hit this week. Traders are dumping shares across the sector as fears mount that artificial ...
Feb 10 (Reuters) - Concerns that artificial intelligence could disrupt large parts of the software industry have started to spill into credit markets, Morgan Stanley warned, as software accounts for ...
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 ...
Software shares plunged on Thursday, even after some of the biggest names in the industry reported positive earnings. Microsoft (MSFT) was at the forefront of the trend, with the stock dropping ...
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 ...
The automotive industry is undergoing a transformation as profound as the shift from internal combustion engines to electrification. Driving this shift is the software-defined vehicle (SDV), not a ...
Software stocks sold off dramatically after months of underperformance. The losses stemmed from fresh fears that AI models could upend the industry. Analysts say that while AI does pose a competitive ...
And finally, the UK’s blue-chip share index has ended the day at a new closing high. The FTSE 100 has closed 87.75 points higher at 10,402 points, as investors continue to move into old-economy stocks ...