PremiumWhat's Priced In? Goldman Says Tech Wreck Leaves Software 'Cheapest Since 2010'
Unless you've been living under a rock recently, you will know that the launch of a legal automation tool and a new LLM by Anthropic, along with broad ramping of AI capacity and services, has led to a sharp rotation out of software and related sectors globally.
The crash in the stocks of data-services and software companies extended to publishers, financial services, alternative asset managers and gaming stocks. Any company which collates, aggregates, disseminates software and data as a service are seen as increasingly vulnerable to disruption from AI-driven tools.