Billions Wiped Out as Software Stocks Sink on AI Disruption Fear

Billions wiped out as software stocks sink on AI disruption fear

Growing worries that artificial intelligence tools could soon disrupt the world’s biggest software businesses led to a sell-off across the sector yesterday.

Billions Wiped Out as Software Stocks Sink on AI Disruption Fear

Growing worries that artificial intelligence tools could soon disrupt the world’s biggest software businesses are sparking a selloff across the sector.

Billions wiped out as software sinks on AI disruption fear

Fears that artificial intelligence tools may disrupt major software businesses lead to a selloff in the sector, wiping out billions in market value. The post Billions wiped out as software sinks on AI disruption fear appeared first on nextbigwhat.

Billions Wiped Out As Software Stocks Sink On AI Disruption Fear

Growing worries that artificial intelligence tools could soon disrupt the world’s biggest software businesses are sparking a selloff across the sector.A 30% plunge in Monday.com Ltd. shares grabbed investor attention in Europe on Tuesday, with some analysts saying the drop reflected concerns over the long-term competitive threat of AI as much as results that failed to meet higher investor expectations.Such worries fueled big losses across the se…

Analysts Warn AI Disruption Affects Software Stocks, Downgrade Adobe and Salesforce

timesng.com: NEW YORK, NY — Analysts at Melius Research have downgraded Adobe‘s stock to a sell rating, drawing attention to the impact of artificial intelligence (AI) on the software industry. This move, announced Monday, reflects concerns that AI is fundamentally altering the landscape of technology and investing. Melius Research believes the rise of AI is comparable […] This post Analysts Warn AI Disruption Affects Software Stocks, Downgrade …