Business · 3 February 2026

European legal stocks plunge as Anthropic releases new AI tool

AI Generated (Gemini)

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

Get the app

More briefs

SportsFootball Regulator Says It Can Force Man City Sale BusinessAmazon promises 30,000 jobs for young people across the UK by 2030 BusinessUK pay rises hit 3.1%, but employers face tighter 2027 budgets Business13,000 NatWest staff must work in offices twice weekly from February BusinessLondon Stock Exchange Group sued for £131m in fraud lawsuit BusinessApple to see UK crackdown on iPhone contactless payment fees More business stories → Browse all stories →