AsiaInfo Technologies Revamps Board, Adds AI Expert as Independent Director

TipRanksFeb 5 23:12

AsiaInfo Technologies Restructures Board Roles and Committee Assignments

TipRanksFeb 5 23:12

The software stock sector has collapsed, and no one 'dares to catch a falling knife.'

The S&P 500 Software & Services Index fell for the sixth consecutive trading session, but this selloff failed to attract any significant bottom-fishing buying. Even Microsoft, traditionally regarded as a safe haven, was not spared, with short sellers increasing their positions against the trend. Current market sentiment has evolved from valuation concerns at that time to deep anxiety over the potential disruption of traditional software business models by artificial intelligence.

wallstreetcnFeb 5 08:09

Amid a global slump in software stocks, Jensen Huang refutes claims: AI will never replace software!

①NVIDIA CEO Jensen Huang refuted concerns that 'artificial intelligence might replace software and related tools,' calling such an idea 'illogical.' ②Huang stated that artificial intelligence systems are designed to work collaboratively with existing software tools rather than completely replace them.

cls.cnFeb 4 18:43

After the U.S., Asia next! The relentless AI wave continues to upend software stocks: Is the wolf really here this time?

On Wednesday (February 4), Asian software stocks extended the global selloff overnight as investors expressed concerns that the rapid development of artificial intelligence could disrupt the traditional business models of software companies.

cls.cnFeb 4 15:05

Express News | Shock from Anthropic's new tool! Application software stocks in Hong Kong generally weakened.

BreakingsFeb 4 09:42