US software stocks slammed on mounting fears over AI disruption, lose $1 trillion in week
Feb 5 : Shares of U.S. software and data services companies extended their tumble for a seventh straight session on Thursday as investors worried that fast-advancing artificial intelligence tools could upend the sector.The S&P 500 software and services index dropped 4.6 per cent, having shed about $1 trillion
5 Feb 12:21 · CNA