CMB Stock News Of The Day 📰🗞️🗞️📈📉

“AI Fears Hammer Software Stocks as Claude Cowork Plug-Ins Launch” 🚨🚨🚨

Software stocks sank sharply as investors digested the rollout of new plug-ins for Claude Cowork, Anthropic’s advanced AI assistant. The tools are designed to deeply customize Claude for specific job functions, intensifying fears that AI is moving directly into territory long dominated by high-margin enterprise and legal software.

The selloff was broad and aggressive. The tech software ETF slid as major SaaS names like DocuSign, Atlassian, Salesforce, Workday, Adobe, and ServiceNow were all hit hard. While legal-tech stocks took the initial blow, the concern quickly spread across the entire software complex.

What’s rattling markets is the scope of disruption. These plug-ins span legal, productivity, enterprise search, sales, finance, marketing, customer support, product management, and even scientific research—suggesting AI assistants could replace or compress demand for multiple standalone platforms.

For investors, the message is clear: AI isn’t just enhancing software anymore—it’s threatening to redefine it. Until the market figures out which business models can survive this shift, pressure on software stocks may remain intense.