Software and data services stocks remain under pressure after Anthropic's rollout of a legal automation tool reignited fears of AI-driven disruption — and now one fund manager says that shorting ...

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 ...

Big Tech CEOs this week brushed aside worries that AI will evaporate the competitive moats of established software companies, even as those firms have seen their stocks plunge amid a steep, ...

Microsoft is having thousands of its software engineers test Anthropic's Claude Code alongside its own GitHub Copilot. This move signals growing confidence in Anthropic's AI coding tools, even as ...

Anthropic just launched a new AI tool that could replace dozens of software tools. And Wall Street is panicked. Claude Cowork is meant to be like an AI colleague, with the ability to read files, ...

At WSJ Invest Live, Jon Gray shared optimism for the health of the private-credit market and discussed Blackstone’s investment strategy in AI infrastructure. Investors’ fears that new developments in ...

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 ...

AI concerns have sparked a sell-off in tech and software stocks this week, dragging all three of the major indexes (^DJI, ^IXIC, ^GSPC) lower in the past several trading sessions. RBC Capital Markets ...

Tech stocks tumbled on Thursday, with software shares hitting a bear market after Microsoft earnings. Microsoft shares plunged 10% after the tech giant reported soft cloud guidance and AI capex growth ...

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 ...

Anthropic's newly launched AI plugins have triggered what analysts are calling a 'SaaSpocalypse'—a brutal selloff that wiped out roughly $285 billion from software, legal tech and financial services ...

The prospect of disruptions from artificial intelligence has hung over the economy for years. But this week advances in software tools precipitated a sell-off on Wall Street. Data delayed at least 15 ...