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 ...
This eroded significant investor wealth, as the Infosys market capitalisation plunged by over Rs 54,000 crore, bringing its ...
Anthropic new AI tool: Anthropic has launched a new AI tool for legal tasks. This has caused significant concern among ...
A ‘SaaSapocalypse’ hit the Indian stock market on Wednesday (February 3) with IT stocks such as Infosys, Wipro and TCS all crashing. This occurred after Anthropic launched a new AI tool for its Claude ...
Infosys, TCS and other SaaS companies lost hundreds of billions of dollars in market value just like that. Reason? It was AI.
Wall Street has become so bullish on AI that it’s made investors bearish on software. Legacy software names like Salesforce, ...
Anthropic’s latest enterprise AI upgrade triggered a sharp sell-off in the stock market, as investors grew concerned that ...
The onslaught of tech mega IPOs expected in 2026 could suck money away from the broader market as investors chase the hype, GMO says.