AI threat plagues software stocks after latest updates from Anthropic
Back Economy

AI threat plagues software stocks after latest updates from Anthropic

By CNBC
April 9, 2026, 3:28 PM EST
9
Views
Listen to this article

CNBC: Software’s artificial intelligence struggles persist as sector stumbles following Anthropic’s updates.

The software sector faces ongoing challenges due to Anthropic’s latest product and revenue updates, causing a slide in the iShares Expanded Tech-Software Sector ETF (IGV). Stocks like Workday and Intuit are down over 15% this week, reflecting concerns over AI’s impact on traditional software models. Analysts warn of potential disruptions in the market, with some investors cautious and others seeking opportunities in hardware sectors like semiconductors. For more details, visit CNBC.

VIEW ORIGINAL SOURCE

TAGGED #Alphabet Class A#Amazon.com Inc#Apple Inc#Breaking News: Investing#Breaking News: Markets#business#business news#donald trump#Economy#Intuit Inc#Investment strategy#iShares Expanded Tech-Software Sector ETF#iShares North American Tech-Software ETF#Market Insider#Markets#Meta Platforms Inc#Microsoft Corp#NVIDIA Corp#regwall-pro#Salesforce Inc#ServiceNow Inc#Stock markets#VanEck Semiconductor ETF#Workday Inc
READ NEXT
NATO chief says world is safer under Trump following U.S. strikes on Iran
CNBC's photo
CNBC

Related Posts

Economy OpenClaw breathes new life into this Chinese tech stock ahead of earnings

OpenClaw breathes new life into this Chinese tech stock ahead of earnings
Economy Stocks making the biggest moves midday: NEM, AAPL, SNDK, DECK

Stocks making the biggest moves midday: NEM, AAPL, SNDK, DECK
Economy Stocks making the biggest moves midday: NVO, PLTR, AES, RKT

Stocks making the biggest moves midday: NVO, PLTR, AES, RKT
Economy Stocks making the biggest moves midday: Oracle, Nebius, Campbell’s, Serve Robotics, Cadre and more

Stocks making the biggest moves midday: Oracle, Nebius, Campbell’s, Serve Robotics, Cadre and more
Economy CFTC defends prediction market enforcement as states challenge platforms

CFTC defends prediction market enforcement as states challenge platforms
Economy This little-known banking stock has upside, Bank of America says

This little-known banking stock has upside, Bank of America says
Economy Stocks making the biggest moves premarket: PLTR, MRK, PFE

Stocks making the biggest moves premarket: PLTR, MRK, PFE
Europe UK economy posts 0.3% growth in November, beating estimates

UK economy posts 0.3% growth in November, beating estimates
US News NATO chief says world is safer under Trump following U.S. strikes on Iran

NATO chief says world is safer under Trump following U.S. strikes on Iran
Economy Stocks making the biggest moves premarket: ORCL, AVAV, NKE

Stocks making the biggest moves premarket: ORCL, AVAV, NKE
Economy Stocks making the biggest moves premarket: KSS, CASY, VRTX

Stocks making the biggest moves premarket: KSS, CASY, VRTX
Economy The Fed issues its latest interest rate decision Wednesday. Here’s what to expect

The Fed issues its latest interest rate decision Wednesday. Here’s what to expect

More in Economy

Economy Stocks making the biggest moves midday: META, BBY, APP, SMG

Stocks making the biggest moves midday: META, BBY, APP, SMG
Economy Stocks making the biggest moves after hours: WDAY, CAVA, LCID

Stocks making the biggest moves after hours: WDAY, CAVA, LCID
Economy Stocks making the biggest moves premarket: AZN, U, COIN

Stocks making the biggest moves premarket: AZN, U, COIN
Economy Fed Gov. Waller urges caution for now; cuts possible later in the year

Fed Gov. Waller urges caution for now; cuts possible later in the year
Economy Stocks making the biggest moves premarket: MU, BABA, FIVE, NEM

Stocks making the biggest moves premarket: MU, BABA, FIVE, NEM
Economy China’s factory output and consumption beat forecasts, while property investment contraction slows

China’s factory output and consumption beat forecasts, while property investment contraction slows
Economy Wall Street firm sends analyst to the Strait of Hormuz. Here’s what they found out

Wall Street firm sends analyst to the Strait of Hormuz. Here’s what they found out
Economy Stocks making the biggest moves midday: FNMA, BSX, BX, PANW

Stocks making the biggest moves midday: FNMA, BSX, BX, PANW
Economy Michael Burry says he’s still betting against Palantir after Trump post boosts stock

Michael Burry says he’s still betting against Palantir after Trump post boosts stock
Economy GIS, LUV, GPC, NCLH, & more

GIS, LUV, GPC, NCLH, & more

Top Stories

Top
Stories

April 12
1Local 59M ratifies Libbey Glass contract, all eyes on 700T vote Tuesday night

Local 59M ratifies Libbey Glass contract, all eyes on 700T vote Tuesday night

2Perez Hilton says he encountered God during sepsis hospitalization

Perez Hilton says he encountered God during sepsis hospitalization

3Kelce and Mahomes steakhouse slammed by angry customer in viral review

Kelce and Mahomes steakhouse slammed by angry customer in viral review

4California’s Philz Coffee removes Pride flags from stores

California’s Philz Coffee removes Pride flags from stores

51,400-year-old artifact near Sea of Galilee may rewrite baptismal history

1,400-year-old artifact near Sea of Galilee may rewrite baptismal history

6Journey’s farewell tour continues amid Schon and Cain feud and lawsuits

Journey’s farewell tour continues amid Schon and Cain feud and lawsuits

7Kylie Jenner poses in bikini to promote new electrolyte product line

Kylie Jenner poses in bikini to promote new electrolyte product line

8Wall Street firm sends analyst to the Strait of Hormuz. Here’s what they found out

Wall Street firm sends analyst to the Strait of Hormuz. Here’s what they found out

9Mastercard says it’s acquiring stablecoin startup BVNK in .8B crypto bet

Mastercard says it’s acquiring stablecoin startup BVNK in $1.8B crypto bet

10Minneapolis considers legalizing venues where adults can engage in sex

Minneapolis considers legalizing venues where adults can engage in sex

The Daily Fresh