Several software stocks were on the decline Tuesday after Anthropic released the latest iteration of its Claude AI model, the Google- and Amazon-backed startup’s second major release in as many weeks, ...

I am sure it is no news for you that software stocks have been through their worst non-recessionary drawdown in 30 years. The iShares Expanded Tech-Sector ETF (IGV) plunged 28% from its September high ...

Analysts are lifting earnings estimates for software stocks, undeterred by the selloff over artificial intelligence disruption worries, according to Goldman Sachs Group Inc. strategists. Two-year ...

As their stocks tank, software makers are rebranding themselves as A.I. innovators. Sparkle emojis are everywhere, but some efforts have been more successful than others. By Sarah Kessler When ChatGPT ...

Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.

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 ...

In the past few days, employees of Authentic Brands Group have been seeking out the company’s chief digital officer, Adam Kronengold, to ask him a newly urgent question: Should they start using a new ...

Tech workers have been worried for years about the AI tidal wave coming for their jobs, but their bosses are starting to worry now, too. Shares in companies involved in research and legal software, ...

Anthropic’s Cowork AI assistant sent shockwaves through Wall Street this week. Now Anthropic is taking another leap forward, improving its model. Anthropic’s new Claude Opus 4.6 model, announced ...

A selloff in software debt has pushed billions of dollars of loans into distressed territory, rapidly repricing a market amid the threat of AI disruption. More than $17.7 billion of US tech company ...

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 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, ...