Software stocks rebound as Anthropic announces new partnerships [CNBC]
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Source: CNBC
Wedbush Securities analysts said the Anthropic news shows the software selloff was “overblown.” In this article Software stocks made a comeback on Tuesday after Anthropic hosted its enterprise agents event, where it revealed new partnerships, quelling some investor fears that the sector could be displaced by artificial intelligence The AI startup launched new updates to Claude Cowork that allow companies to integrate the productivity tool into a host of enterprise apps, such as Salesforce -owned Slack, Intuit Docusign LegalZoom FactSet and Google 's Gmail. Organizations can also deploy customizable plugins across sectors like financial analysis, engineering and human resources, Anthropic said. Salesforce, Docusign and LegalZoom shares jumped 4% following the Anthropic announcement. Thomson Reuters ' stock surged more than 11% and FactSet shares rose 6%. Salesforce Inc Analysts at Wedbush Securities said in a Tuesday research note that Anthropic's event showed the compet
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