Monday.com drops 19% as AI disruption fears mount in software

Monday.com‘s stock plummeted more than 19% on Monday after the project management platform issued weak guidance as it grapples with rising concerns that artificial intelligence is disrupting the software business model. The Israel-based company called for revenue between $338 million and $340 million in the current quarter, short of the $343 million expected by analysts…

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Private credit’s software blind spot sparks fresh fears for $3 trillion sector

Private credit markets are facing fresh uncertainty as AI-driven tools start to pressure software companies, a major borrower group for private lenders. The software industry came under renewed pressure last week after artificial intelligence firm Anthropic unveiled new AI tools, sparking a sell-off in software data provider shares. The AI tools, developed by Anthropic, are…

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