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The AI boom has destroyed legacy software stocks.
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Stock Market Today: Nasdaq Continues Slide; AI Jitters Rattle Software Stocks — Live Updates The Wall Street JournalStock Market Today, Feb. 4: AMD Plunges Over 17% As Tech Fallout Continues Yahoo FinanceNasdaq plunges more than 2%, and these 10 names are fanning the flames Seeking AlphaRotation out of Tech Stocks Weighs on the Broader Market NasdaqSoftware's AI Suffering Expands to Chipmakers Bloomberg.com
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Asian Stocks to Fall as Tech-Led Drop Gains Pace: Markets Wrap Bloomberg.comAsia-Pacific market set to mostly fall as tech sell-off continues CNBCAsia shares falter as global tech selloff spooks investors ReutersStocks in retreat as traders reconsider tech investment Yahoo Finance
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The U.S. labor market barely budged in January, with hiring below even muted expectations.
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