Software Stocks Drop on Report Amazon Is Developing New AI Tools

Software stocks dropped on Tuesday after a report on new AI tools from Amazon.com Inc. rekindled the disruption fears that have roiled the sector in the past few months.

By Jeran Wittenstein · Bloomberg Markets

Software stocks dropped on Tuesday after a report on new AI tools from Amazon.com Inc. rekindled the disruption fears that have roiled the sector in the past few months.