JPMorgan to investors on software stocks rout: We are now in an environment where the sector isn’t ...
Global stock markets witnessed a staggering $285 billion loss in a single day following the launch of Anthropic's new AI tool, dubbed 'SaaSpocalypse'. JPMorgan analysts suggest this selloff reflects a fundamental shift in investor sentiment towards software companies, now facing intense scrutiny over AI's potential to disrupt business models and pricing strategies.
Global stock markets witnessed a staggering $285 billion loss in a single day following the launch of Anthropic's new AI tool, dubbed 'SaaSpocalypse'. JPMorgan analysts suggest this selloff reflects a fundamental shift in investor sentiment towards software companies, now facing intense scrutiny over AI's potential to disrupt business models and pricing strategies.
