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Hedge funds are increasing their short bets against software stocks, contributing to the brutal sell-off in the space so far this year, according to sources at two major funds on Wall Street.

A new AI automation tool from Anthropic PBC sparked a $285 billion rout in stocks across the software, financial services and asset management sectors on Tuesday as investors raced to dump shares with ...

Software stocks sold off dramatically after months of underperformance. The losses stemmed from fresh fears that AI models could upend the industry. Analysts say that while AI does pose a competitive ...

At WSJ Invest Live, Jon Gray shared optimism for the health of the private-credit market and discussed Blackstone’s investment strategy in AI infrastructure. Investors’ fears that new developments in ...

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. Subscribe to read this ...

Zach began writing for CNET in November, 2021 after writing for a broadcast news station in his hometown, Cincinnati, for five years. You can usually find him reading and drinking coffee or watching a ...

BOSTON, Jan 23 (Reuters) - Fidelity Investments ‌said on Friday it had reached ‌an agreement to settle a lawsuit accusing Broadcom of threatening to cut off its access to software that had become ...

Industrial organizations face a fork: continue with hardware-first upgrades that lock systems into decades-long cycles, or pivot to a software-first approach that unlocks flexibility, speed and ...

To use the new Virtual Workspaces settings on your Windows 11 PC, press Win + I to open the Settings app. This is where Microsoft is gradually moving advanced system options that were earlier hidden ...

SAN FRANCISCO, Dec 4 (Reuters) - Palantir Technologies (PLTR.O), opens new tab, Nvidia (NVDA.O), opens new tab and U.S. utility CenterPoint Energy (CNP.N), opens new tab on Thursday said they are ...

Financial software provider Marquis Software Solutions is warning that it suffered a data breach that impacted dozens of banks and credit unions across the US. Marquis Software Solutions provides data ...