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Claude the conqueror: The AI chatbot keeps wiping out billions from exposed tech stocks

Dario Amodei, the CEO of Anthropic.

FABRICE COFFRINI/AFP via Getty Images

  • Anthropic's steady stream of new tools and updates for its Claude AI has hammered stocks this year.
  • Claude's capabilities have wiped billions in market cap from software and cybersecurity stocks.
  • The iShares Expanded Tech Software Sector ETF is down 26% in 2026.

Anthropic has become the master of sliding a blog post up and watching all hell break loose.

The AI company has been...

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