ServiceNow, IBM Results Send Software Stocks Tumbling

ServiceNow, IBM Results Send Software Stocks Tumbling

Wall Street’s love affair with software turned sour on Thursday as a brutal selloff swept through the sector. Quarterly results from ServiceNow and IBM rattled investors and reignited worries that generative AI could eat into the traditional SaaS playbook instead of supercharging it. ServiceNow sank about 17% and IBM slid roughly 9%, dragging big enterprise…

Anthropic launches Claude Design: New AI tool sent Figma stock tumbling 7%: Here’s why

Anthropic launches Claude Design: New AI tool sent Figma stock tumbling 7%: Here’s why

Anthropic launches Claude Design: New AI tool sent Figma stock tumbling 7%: Here’s why  AI powerhouse Anthropic has officially entered the professional design space with the launch of Claude Design, a groundbreaking generative design workbench.  Powered by the newly released Claude Opus 4.7 model, the tool marks a significant strategic pivot for Anthropic as it…