US software stocks climb as Anthropic announcement sparks relief rally

Software stocks saw a strong rebound on Tuesday. This followed news of new AI tools developed by Anthropic with its partners. These tools aim to assist in areas like investment banking and HR. Shares of companies like LSEG, FactSet, Salesforce's Slack, and DocuSign saw gains. This positive movement comes after recent fears about AI's impact on the sector.

from Markets-Economic Times https://ift.tt/rfLo1Vd
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