Latest Updates Around The World
Retail investors bought software and technology stocks after last week’s heavy sell-off, largely brushing aside concerns that advances in artificial intelligence models could upend parts of the sector.Net inflows into BlackRock’s iShares Expanded Tech-Software Sector exchange-traded fund reached a record $176 million over a rolling one-month period as of Monday’s close, according to data compiled […]
US software stocks extended their decline on Wednesday, driven by fears of disruption caused by artificial intelligence, with some analysts warning of more volatility as investors assess whether the challenge is existential for the sector. The sell-off was triggered by a new legal tool from Anthropic, which showed that the AI industry is increasingly exerting […]
