Morning Bid: AI scatters the tech herd

Group 1 - The recent selloff in global software stocks was triggered by the launch of a new AI "agent" by Anthropic, which surprised investors and highlighted the market's increasing discrimination between AI winners and losers [3] - Walmart became the first retailer to surpass a market valuation of $1 trillion, with its shares rising nearly 26% over the past year, positioning it among tech giants [2] - Novo Nordisk's shares fell almost 20% after the company warned about its profit outlook for the year due to intense competition in the weight-loss drug market [5] Group 2 - Major Wall Street indexes experienced a decline of about 1%, with Nasdaq futures remaining negative, indicating a broader market concern [4] - The ISM manufacturing index showed a sharp increase, suggesting signs of accelerating economic activity, alongside brisk business loan growth reported by the Fed [5] - Upcoming reports include ISM's service sector data and ADP's private sector jobs report, which are anticipated to provide further insights into the economic landscape [6]