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JPMorgan warns on software stocks after massive selloff post Anthropic AI tool launch

JPMorgan warns on software stocks after massive selloff post Anthropic AI tool launch
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Source: timesofindia.indiatimes.com

JPMorgan warns on software stocks after massive selloff post Anthropic AI tool launch

Global stock markets experienced a significant selloff, losing $285 billion in value after Anthropic launched a new AI tool. JPMorgan analysts noted this reflects a shift in investor sentiment, with software companies now facing intense scrutiny over AI's potential impact on their business models and revenue streams.

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