Software stocks are tanking the market again as AI and tariff uncertainty spook traders

Fears of a software apocalypse are pummeling markets again to start the week. US stocks dropped on Monday as traders reacted to new tariff uncertainty, while software in particular was pummeled by renewed fears of AI disruption prompted by a downgrade of Salesforce stock and a note making the rounds that theorized the AI boom could ultimately lead to a white-collar recession and a stock crash. Major indexes lost more than 1% as investors continued to digest recent trade policy changes, including President D ...