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 ...
A significant selloff among U.S. and European data analytics, professional services and software companies deepened on Tuesday, with some investors pointing to a recently ‌updated artificial ...
NEW YORK/LONDON, Feb 3 (Reuters) - A significant selloff ‌among U.S. and European data analytics, professional services and ‌software companies deepened on Tuesday, with some investors pointing to a ...
(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 ...
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 ...
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 ...
Pearson, Experian and others fall sharply after startup unveils software to automate a range of professional services European publishing and legal software companies have suffered sharp declines in ...
SoftBank has launched Infrinia AI Cloud OS, a software stack for operating AI data centers that automates infrastructure management and provides inference services for large language models. The ...
The U.S Department of Justice said in newly released court documents that two staffers at the Department of Government Efficiency (DOGE) may have illegally used Social Security data as part of an ...
Federal Reserve policymakers cut interest rates for the third straight meeting on Wednesday while signaling there may be only one cut next year as rates get closer to a neutral level. The Fed lowered ...
SAN FRANCISCO, Dec 4 (Reuters) - Palantir Technologies (PLTR.O), opens new tab, Nvidia (NVDA.O), opens new tab and U.S. utility CenterPoint Energy (CNP.N), opens new tab on Thursday said they are ...