Yahoo Finance·2026-02-24 09:43Group 1 - Software stocks have experienced significant declines, with the iShares Expanded Tech-Software Sector ETF (IGV) falling 15% in February, marking its worst monthly performance since 2008 and sitting approximately 35% below its peak [2][3] - The downturn in software stocks is largely attributed to investor fears regarding artificial intelligence disruption, particularly following the introduction of new AI tools that are perceived to threaten existing business models [3][6] - The release of Anthropic's "Claude Code Security" has particularly impacted cybersecurity stocks, leading to a loss of $20 billion in market value for CrowdStrike within two trading sessions and a more than 10% drop in IBM shares [4][5][6] Group 2 - The software selloff has been widespread, affecting even those stocks considered to be immune to AI disruption, as indicated by the pressure on Goldman Sachs' basket of such stocks [6] - A report from Citrini Research has intensified market concerns, presenting a hypothetical scenario where AI automation leads to increased corporate profits by June 2028, further fueling investor anxiety [7]