US software stocks surge as Anthropic announces plug-ins to aid investment banking, wealth management and HR tasks - News Summed Up

US software stocks surge as Anthropic announces plug-ins to aid investment banking, wealth management and HR tasks


Shares of US software companies that announced partnerships with Anthropic surged on Tuesday, helping to lift the broader tech sector. The rebound comes after software stocks had been under pressure, as investors worry that rapid advances in AI could disrupt traditional business models. AI startup Anthropic said it was developing new tools, the so-called "plug-ins", with its partners that could be integrated to enhance the workflow of investment banking, wealth management and HR tasks, Bloomberg reported. Which companies' shares saw a surge? IBM shares closed 13.15% lower at $223.35 after the massive investor selloff during Monday's stock market session.


Source: Mint February 25, 2026 03:53 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */