Tuesday, February 3, 2026 at 1:58 PM
Shares in European legal publishing companies RELX and Wolters Kluwer fell nearly 3% as concerns grew over the impact of new AI tools from Anthropic on their business models.
Once a distant second or third in the AI race, the company is moving to the front with a focus on caution, coding and business clients.
The credit-focused firm defended its technology bets while detailing revenue and earnings gains even as stock slides.
From Legalzoom.com and Expedia to Ares and Apollo, shares of companies that sell or invest in software fell sharply on Tuesday.
Wall Street has been rotating out of AI leaders into real-economy stocks.
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