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-0.000459242250287098 0.0064293915040184 0.000445464982778356 -0.00298507462686573 -0.00126291618828932 0.00815154994259465 0.0287026406429391 0.0342135476463833
Stock impact report

Thomson Reuters drops as AI fears fuel selloff in software, data and advertising stocks [Globe and Mail, The (Toronto, Canada)]

Thomson Reuters Corp - Common Shares (TRI) 
Last thomson reuters corp - common shares earnings: 2/25 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.thomsonreuters.com
There was a problem loading data for this chart Please reload your browser and try again “The software companies were assumed to be winners from AI,” said Lars Skovgaard, senior investment strategist at Danske Bank. “But all of a sudden, you start to worry about whether you can earn the money back (from your AI investments), and/or will you be outsmarted by updates coming in.” RELX shares have now almost halved from their ?peak last February and on Tuesday ?were set for their biggest drop since 1988. Its dramatic reversal highlights the pressure AI ?is exerting on Europe's software sector. Germany's SAP, which less than ?a year ago was Europe's most valuable company, slumped over 16 per cent last week after its ?cloud revenue forecast missed expectations, wiping about $40 billion off its market value in one day. Its shares were down 4.9 per cent ?on Tuesday and more than 41 per cent below 2025's high. “Artificial intelligence is increasingly able to perform exactly the sort Show less Read more
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