US stocks drop on fears AI will hit software and analytics groups
New Anthropic legal tool sends shares in companies including S&P Global and Intuit sliding
New Anthropic legal tool sends shares in companies including S&P Global and Intuit sliding

Private capital groups also suffer steep losses

Nasdaq drops as recent high-flying companies pull market lower

Decline in Asian markets led by companies most exposed to demand for artificial intelligence

Cautious comments from top bank executives add to jittery sentiment on Wall Street

Sell-off may be overdone, but companies need to move faster to respond to AI

Warning from OpenAI’s Sam Altman and MIT paper puncture Wall Street’s enthusiasm