On February 24, Wall Street’s primary indexes experienced a relatively stagnant day as investors carefully evaluated Anthropic’s recent announcement regarding new artificial intelligence tools. These tools, which include plug-ins designed to support various functions such as investment banking, private equity, as well as engineering and design, have generated significant attention.
Anthropic introduced ten innovative methods for businesses to integrate its technology into crucial aspects of their operations. This announcement comes just weeks after a previous release led to a sharp decline in shares of traditional software companies.
As of 9:31 a.m. ET, the Dow Jones Industrial Average decreased by 7.93 points, or 0.01%, settling at 48,789.46. Meanwhile, the S&P 500 dipped by 4.18 points, or 0.06%, bringing it to 6,832.89, and the Nasdaq Composite saw a slight increase of 2.66 points, or 0.02%, reaching 22,635.01.
(Reporting by Shashwat Chauhan in Bengaluru; Editing by Pooja Desai)
