The monthslong wipeout in software stocks, in charts
TIMOTHY A. CLARY / AFP via Getty Images
- New tools from Anthropic tanked software stocks on Tuesday, with investors fearing more disruption from AI.
- Software stocks have wobbled for months, and the sector officially entered a bear market last week.
- These three charts illustrate the steep declines for software stocks in the last year.
Anthropic's new AI tools clobbered software stocks on Tuesday, but the AI titan's Cowork update was just the latest headwind for the beleaguered corner of the tech sector.