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Microsoft (MSFT) Drops Amid AI Legal Automation Fears Following Anthropic Plug-ins Launch

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • AI advancements, particularly Anthropic's new legal automation tools, triggered a selloff in software and advertising stocks, including Microsoft, as investors fear disruption and earnings pressure.
  • The market repriced tech firms amid concerns over AI-driven efficiency reducing traditional revenue models.
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MSFT price history

495.63 +5.23% over the displayed period

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