Stocks and bitcoin sink as investors dump software company shares
Cristiana Gigina
Stocks broadly sank on Tuesday as investors moved to dump shares of software companies amid fears that artificial intelligence tools could eat into those companies' businesses. On the S&P 500, the technology sector was by far the worst performer, leading the index to plunge 1.5%. The Nasdaq Composite, which contains more technology companies, plunged nearly 2.2%, as of 2:55 p.m. ET. The selling came after AI startup Anthropic on Friday announced an automated agent that could complete legal,
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