Software sell-off deepens amid AI fears in ‘echoes of dot-com crash’ – business live
The article discusses the ongoing sell-off in the software sector, which has been fueled by fears surrounding the impact of artificial intelligence (AI) on the industry. The sell-off has been described as echoing the dot-com crash, with investors becoming increasingly cautious about the future of software companies. Furthermore, the article notes that the spot price of silver has also experienced significant volatility, with a 19% drop in the previous day and a 27% plunge on January 30th. Notably, the article mentions that in Norway, only seven new petrol-powered cars were sold in January, highlighting the ongoing shift towards more environmentally-friendly modes of transportation. The article provides a concise summary of the key events and trends in the financial markets, focusing on the software sector and the volatility in the silver market.
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