‘Software-mageddon' leaves investors bargain-hunting but wary [Globe and Mail, The (Toronto, Canada)]
RELX PLC PLC American Depositary Shares (Each representing One Ordinary Share) (RELX)
US:NYSE Investor Relations:
relx.com/investors/investor-overview
Company Research
Source: Globe and Mail, The
potential disruption caused by artificial intelligence, as investors increasingly divide the sector into perceived winners and losers. “The selloff, which arguably started last quarter, is a manifestation of an awakening to the disruptive power of AI...,” said James St. Aubin, chief investment officer at Ocean Park Asset Management, Santa Monica, California. “Perhaps this is an overreaction, but the threat is real and valuations must account for that.” Shares of beaten-down European professional services companies such as LSEG and RELX were up on Thursday, in a sign the rout was easing. Both are still down by at least 9 per cent this week. The S&P ?500 software and services index has tumbled 13 per cent in just the past week, shedding more than US$800-billion in market capitalization in that time, driven by sharp falls in companies including Intuit ( INTU-Q increase ), ServiceNow ( NOW-N increase ) and Oracle ( ORCL-N decrease Relative to the overall S&P 500, the softwar
Show less
Read more
Impact Snapshot
Event Time:
RELX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RELX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RELX alerts
High impacting RELX PLC PLC American Depositary Shares (Each representing One Ordinary Share) news events
Weekly update
A roundup of the hottest topics
RELX
News
- $285 Billion AI-Led Selloff Triggers Rotation Into Small Caps [Yahoo! Finance]Yahoo! Finance
- Global software stocks hit by Anthropic wake-up call on AI disruption [Yahoo! Finance]Yahoo! Finance
- Global software stocks hit by Anthropic wake-up call on AI disruption [Yahoo! Finance]Yahoo! Finance
- Anthropic's new AI tools deepen selloff in data analytics and software stocks, investors say [Yahoo! Finance]Yahoo! Finance
- AI junior lawyer bot stuns software industry [Yahoo! Finance]Yahoo! Finance