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US Stock Market: AI anxiety batters US software stocks as growth narrative faces fresh test

U.S. software stocks tumbled as renewed fears over AI’s disruptive impact hit sentiment, with Reuters reporting steep declines across major names. A cautious rollout of a new model from Anthropic heightened concerns that advanced AI could erode traditional software demand, pressuring valuations and exposing vulnerabilities in legacy systems.

Source :- Markets-Economic Times Read More

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