Wall Street’s AI Anxiety-Induced Software Selloff Gets a Reality Check
Yahoo Finance·2026-02-19 05:01
New AI tools can produce websites and automate enterprise workflows in a matter of seconds, like magicians snapping their fingers to reveal not a dove or rabbit but updated CRM records. And, this month, that’s been the scariest thing on Wall Street. Fear that this magic touch could replace the role of software companies has obliterated billions in market value. On Wednesday, however, most of the affected firms got a break. SUBSCRIBE: Receive more of our free The Daily Upside newsletter. READ ALSO: Tarif ...