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Hania Humayun

Software stocks slide 15% to weakest 2026 start since 2022 as Anthropic AI launch rattles investors

Software stocks have dropped 15% since the start of January 2026, marking their weakest year-opening performance since 2022. A new AI product from Anthropic unveiled on January 12 triggered renewed concern over disruption, hitting names like Intuit, Adobe, Salesforce and widening the gap with surging chipmakers that are forecast to deliver far stronger profit growth.
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