Anthropic AI tool sparks selloff from software to broader market
Anthropic's new AI automation tool has triggered a 6% decline in a Goldman Sachs basket of US software stocks, marking the largest one-day drop since April. Investors are increasingly concerned about potential disruptions to companies from emerging AI technologies.
bloomberg.com
1 min
2/3/2026
Why software stocks are getting pummelled
SAP projected a slight deceleration in its cloud-based software business for 2026, leading to a 15% drop in its share price. ServiceNow's share price fell by 13% despite reporting revenue growth in the latest quarter.
economist.com
1 min
2/2/2026
Anthropic AI tool sparks selloff from software to broader market
Anthropic's new AI automation tool has triggered a 6% decline in a Goldman Sachs basket of US software stocks, marking the largest one-day drop since April. Investors are increasingly concerned about potential disruptions to companies from emerging AI technologies.
bloomberg.com
1 min
2/3/2026
Why software stocks are getting pummelled
SAP projected a slight deceleration in its cloud-based software business for 2026, leading to a 15% drop in its share price. ServiceNow's share price fell by 13% despite reporting revenue growth in the latest quarter.
economist.com
1 min
2/2/2026
Anthropic AI tool sparks selloff from software to broader market
Anthropic's new AI automation tool has triggered a 6% decline in a Goldman Sachs basket of US software stocks, marking the largest one-day drop since April. Investors are increasingly concerned about potential disruptions to companies from emerging AI technologies.
bloomberg.com
1 min
2/3/2026
Why software stocks are getting pummelled
SAP projected a slight deceleration in its cloud-based software business for 2026, leading to a 15% drop in its share price. ServiceNow's share price fell by 13% despite reporting revenue growth in the latest quarter.
economist.com
1 min
2/2/2026
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