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Software shares regain ground on earnings, AI caution

Software stocks are staging a sharp recovery as stronger-than-expected earnings and fresh calls for restraint in advanced artificial intelligence development ease fears that AI will quickly undermine the sector’s business models. The iShares Expanded Tech-Software Sector ETF has climbed about 17 per cent since the end of the first half, reversing part of a 14 per cent decline during the opening…

We haven't written up this one. Arabian Post has the full story — the link below goes straight to it.

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