US EditionNasdaq Drops 1.4%. AI Worries Hit Software Stocks Again.
4 Articles
4 Articles
Stock Market Today, Feb. 3: Nasdaq Tumbles 1.4% as AI Fears Grow
S&P 500 (SNPINDEX:^GSPC) fell 0.84% to 6,917.81 and the Nasdaq Composite (NASDAQINDEX:^IXIC) dropped 1.43% to 23,255.19 amid tech weakness. The Dow Jones Industrial Average (DJINDICES:^DJI) slipped 0.34% to 49,240.99 after touching a record intraday high.Market moversWalmart (NASDAQ:WMT) outperformed as it crossed the $1 trillion market-cap mark for the first time. PepsiCo (NASDAQ:PEP) gained on an earnings beat, closing up 4.93% at $162.85.But …
Nasdaq Drops 1.4%. AI Worries Hit Software Stocks Again.
The Nasdaq Composite slipped on Tuesday after the software stock selloff picked back up. The tech-heavy index dropped 1.4%. The S&P 500 fell 0.8%. The Dow Jones Industrial Average dropped 167 points, or 0.3%. Shares of software firms, especially those tied to legal software and data businesses, fe
Ai Shock… Us Software and Data Market Cap Evaporates by $435 Trillion (Comprehensive Report, Part 2)
The launch of Antropic's 'Claude Cowork' reignites concerns about whether AI will replace software. The New York stock market fell across the board... Nasdaq down 1.4%. Concerns also mount that "hyperscalers will be hit hard by big tech." (New York/Seoul = Yonhap News) Correspondent Lee Ji-heon, Reporter Kim Tae-gyun =
Coverage Details
Bias Distribution
- 67% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
