U.S. software firms are boosting stock buybacks amid a significant market downturn, but experts doubt this will halt the selling. Investors are wary of AI’s disruptive potential, causing a sharp decline in software stocks. While buybacks aim to support share prices and signal confidence, many believe concrete evidence of AI’s impact on business prospects is needed before confidence returns.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets