AI & Machine Learning
Software stocks crater 6-15% as Anthropic's legal AI triggers disruption fears
Adobe fell 7.31%, Salesforce 6.85%, Thomson Reuters 15.83% after Anthropic released AI tools targeting legal workflows. The sell-off hit everything from LegalZoom to private equity firms holding software portfolios. The real question: which enterprise software categories are genuinely at risk, and which are repricing on panic.