Tech Selloff: Reset, Not Rupture

2026-02-07 04:00:00 ET

By Seema Shah, Chief Global Strategist | Magdalena Ocampo, Market Strategist

The tech sector has come under sustained pressure in recent days, with Anthropic’s latest model upgrade amplifying concerns that rapid AI progress could threaten traditional software business models. A sharp decline in software stocks has rippled through IT services, semiconductors, and adjacent industries such as media and business services....

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