Analysts are discussing how AI tools are impacting incumbent software businesses, leading to market selloffs in Europe.
1 report, 1 independent
Updated Aug 12
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What happened
Analysts are discussing how AI tools are impacting incumbent software businesses, leading to market selloffs in Europe.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Wix.com is under scrutiny as market analysts discuss how AI tools are impacting incumbent software businesses and market viability.Sub-event
Analyst raised rating on monday.com stock amid AI market shifts and Europe selloff.1 source
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The entities involved
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OpenAI
American artificial intelligence research organization
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Morgan Stanley
U.S. investment bank
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Europe
terrestrial continent located in north-western Eurasia
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monday.com
team management & project management software
Nothing else this week.
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Coverage
Newest first; wire copies grouped- BloombergBillions wiped out as software stocks sink on AI disruption fear (Bloomberg) — Growing worries that artificial intelligence tools could soon disrupt the world’s biggest software businesses are sparki