Anthropic's Claude Cowork Update Sends AI Shockwaves Through Stock Markets
Anthropic's Claude Cowork tool, equipped with the new Claude Opus 4.6 model and industry-specific plugins, has triggered a significant selloff in software stocks. The tool's release prompted fears of AI automating knowledge work, particularly in legal, financial, and marketing domains. This saw a $285 billion wipeout in software, legal tech, and financial services sectors' stock value, affecting major companies like RELX, Thomson Reuters, Salesforce, and SAP.
Feb 6