Feb 09, 2026

Salesforce and ServiceNow Fall as AI Automation Fears Hit Software Sector

TLDR Anthropic’s Claude Cowork AI plugins launched Friday, automating legal, sales, marketing, and data tasks, causing immediate stock market panic Thomson Reuters crashed 18% on Tuesday, its worst day ever, while RELX dropped 14% and Wolters Kluwer fell 13% Salesforce and ServiceNow each lost over 9% for the week as software stocks shed $300 billion [...]

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