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Concerns about how artificial intelligence will disrupt software companies have spooked these stocks, with Citi saying some may be ripe for a rebound. Software stocks have struggled this year as investors worry that AI will make the “software-as-a-service” business model obsolete. The iShares Expanded High-Tech Software Sector ETF (IGV) is down more than 20% in 2026 and more than 8% in February alone. Software sales intensified in early February after AI startup Anthropic launched new legal, financial and product marketing tools within its Claude Cowork agency. After a slight recovery, stocks fell again as concerns about AI disruption spread to…
There’s been a bunch of exciting research-focused AI labs popping up in recent months, and Flapping Airplanes is one of the most interesting. Propelled by its young and curious founders, Flapping Airplanes is focused on finding less data-hungry ways to train AI. It’s a potential game-changer for the economics and capabilities of AI models — and with $180 million in seed funding, they’ll have plenty of runway to figure it out. Last week, I spoke with the lab’s three co-founders — brothers Ben and Asher Spector, and Aidan Smith — about why this is an exciting moment to start a…
AP — The real threat facing Hungary is not Russia but the European Union, Prime Minister Viktor Orbán said in a speech to supporters on Saturday, as the country’s nationalist parties intensified their anti-EU campaign ahead of national elections. With just eight weeks until the April 12 vote, Prime Minister Orbán and his Fidesz party face their most serious challenge since the right-wing populist leader took power in 2010. Most independent polls show Fidesz lagging behind the center-right Tisza party and its leader Péter Magyar, even though Orbán campaigned on the baseless premise that the EU would send Hungarians to…
China focuses on large-scale language models in the field of artificial intelligence.Black DubFX | iStock | Getty ImagesChina’s rapid advances in AI threaten to undermine America’s dominance in the market, with one analyst warning that a technology shock is just beginning. Rory Green, chief China economist and head of Asia research at TS Lombard, told CNBC’s “Squawk Box Europe” on Monday that China has broken the U.S.’s “supposed monopoly” on technology and AI. “I think the China technology shock is just beginning,” Green said in a conversation with CNBC’s Steve Sedgwick and Ben Boulos. “It’s not just AI, Deep Seek,…
Former US President Barack Obama has clarified his position on extraterrestrial life, saying there is no evidence that aliens have come into contact with Earth after his comments on a podcast went viral. President Obama made headlines over the weekend after appearing to acknowledge the existence of aliens in an interview with American podcast host Brian Tyler Cohen. Toward the end of the interview, which covered a variety of serious issues, including the killing of protesters by immigration enforcement officers in Minnesota, Cohen posed a series of “lightning rounds” of questions, starting with “Are aliens real?” “They’re real, but I’ve…
Can Australia really be eliminated from the World Cup? What does Pakistan need to do to qualify? Al Jazeera explains.listen to this article | 3 minutesinformationPublished February 16, 2026February 16, 2026Click here to share on social mediaShare 2shareAfter two weeks of action at the ICC Men’s T20 World Cup 2026, only three teams have reserved their spots in the next round of the tournament, with the remaining teams vying for the remaining five spots.In a rare scenario, 2021 champion Australia is in danger of dropping out of the tournament at the first hurdle, while America doesn’t have a good chance…
U.S. Secretary of State Marco Rubio gives a thumbs up as he departs Munich International Airport in Munich, southern Germany, on February 15, 2026, after attending the Munich Security Conference (MSC). Alex Brandon | AFP | Getty Images US Secretary of State Marco Rubio offered words of comfort to Europe at the Munich Security Conference on Saturday. “We want Europe to be strong,” he said. “We believe that Europe must survive, because the two great wars of the last century serve as a great historical reminder that ultimately our destiny is and will always be intertwined with yours.”This is in…
Fractal Analytics, India’s first IPO company, had a not-so-strong first day on the public market as enthusiasm for technology collided with nervous investors recovering from a steep slide in India’s software stocks. Fractal listed on Monday at ₹876 per share, below the issue price of $900, but fell further in afternoon trading. The stock price fell 7% from the issue price to close at 873.70 rupees, giving the company a market capitalization of approximately 148.1 billion rupees (approximately $1.6 billion). This price represents a step down from Fractal’s recent private market highs. In July 2025, the company raised approximately $170…
European markets rose on Monday as investors digested the key takeaways from this year’s Munich Security Conference.pan-european Stocks 600 The stock was up 0.2% as of 10:25 a.m. ET in London, with major exchanges and most sectors in the region in positive territory. trading Dassault Systèmes On Monday, the company’s stock price was temporarily suspended from trading after the company’s sharp decline. The hiatus comes as broker AlphaValue downgraded its rating from “buy” to “reduce” amid renewed concerns over AI monetization and an “alarming loss of momentum” in the French software group. The company’s stock price has recently fallen 7.8%…
It was when she got to San Diego, of all places, that Elizabeth Gilbert realized everything had changed. She had left home as the author of a reasonably successful, year-old memoir titled “Eat, Pray, Love,” a first-person fusion of travelogue, confessional, and self-help manual, tracing her post-divorce journeys to Italy, India and Indonesia. On tour to promote the book’s paperback release, Gilbert recalls, she’d been speaking to audiences of “10, 15, 20 people.” Now, heading to yet another appearance, she saw “people like three deep wrapped around the block.” Gilbert was confused: “I said to the driver, ‘what’s going on…