Asian Markets Mixed As AI Fears Hammer Software Stocks
RTTNews·2026-02-04 08:44
Asian stocks ended mixed on Wednesday as software stocks followed their U.S. peers lower on fears over artificial intelligence effecting future growth. Anthropic, the AI developer known for its Claude chatbot, rolled out new legal tools for its Cowork product, leading investors worldwide to cut exposure to traditional IT services. Gold prices were up nearly 3 percent at $5,080 an ounce in Asian trade and oil extended overnight gains after the U.S. Navy shot down an Iranian drone headed toward an aircraft c ...