Indian tech stocks slump as Anthropic's AI tool raises global staffing concerns [Yahoo! Finance]
Infosys Limited American Depositary Shares (INFY)
Last infosys limited american depositary shares earnings: 4/21 04:00 pm
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Source: Yahoo! Finance
Anthropic ?launched new tools that heightened concerns over AI-driven disruption in the data and professional services industry. Anthropic launched ?plug-ins for ?its Claude Cowork agent on Friday that would automate ?tasks across legal, sales, marketing and data analysis, triggering a significant selloff among ?U.S. and European data analytics, ?professional services and software companies. The Indian IT sub-index joined the rout on Wednesday and was set for its worst day since May ?2022. All 10 ?of its constituents were ?in losses, led by a 7% drop in software services ?exporter ?Persistent Systems. Heavyweights TCS and Infosys were down 5.2% and 5.8%, respectively, ?while Wipro fell nearly 4%. (Reporting by ?Kashish Tandon in Bengaluru; Editing ?by Nivedita Bhattacharjee)
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- AI fears pummel software stocks: Is it ‘illogical' panic or a SaaS apocalypse? [CNBC]CNBC
- Asian software stocks plunge after U.S. peers decline on fears over AI-led disruption [CNBC]CNBC
- AI Fears Drag Asia Software Stocks Lower After US Tech Rout [Yahoo! Finance]Yahoo! Finance
- Indian ETFs Set to Soar After US Pledges to Cut Tariffs to 18% [Yahoo! Finance]Yahoo! Finance
- US cuts tariffs on India to 18%, India agrees to end Russian oil purchases [Yahoo! Finance]Yahoo! Finance
INFY
Earnings
- 1/15/26 - Miss
INFY
Sec Filings
- 1/20/26 - Form 6-K
- 1/14/26 - Form 6-K
- 12/31/25 - Form 6-K
- INFY's page on the SEC website