Business · 3 February 2026

European legal stocks plunge as Anthropic releases new AI tool

European legal software stocks plummeted on February 3 after Anthropic unveiled a new AI tool for the legal sector. Shares of firms like Wolters Kluwer (WKL.AS) crashed as investors reacted to the US company's market entry. The release triggered immediate sell-offs across European data services, signaling fears that generative AI will disrupt traditional publishing models.

By BriefTea Editorial · 3 February 2026 at 15:12

Reported by Bloomberg · How we write briefs

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