Anthropic's new AI tools deepen selloff in data analytics and software stocks, investors say
The Economic Times·2026-02-04 04:37

AI developer Anthropic launched plug-ins for its Claude Cowork agent on Friday that would automate tasks across legal, sales, marketing and data analysis. That move has sparked worries of an impending AI-fueled disruption of the data ‌and professional services industry, which ‌were once seen as major beneficiaries of the AI era, according to traders and analysts.Toronto-based Thomson Reuters, which owns the Westlaw legal database, slumped by nearly 18%. It is on track for its ‌biggest daily loss on record ...