How to deal with the “Claude crash”: Relx should keep buying back shares, then buy more | Nils Pratley
TL;DR
The firm remains confident even as the market flips from seeing it as an AI winner to fearing its profit margin will implode As the FTSE 100 index bobs along close to all-time highs, it is easy to miss the quiet share price crash in one corner of the market. It’s got a name – the “Claude crash”, referencing the plug-in legal products added by the AI firm Anthropic to its Claude Cowork office assistant. This launch, or so you would think from the panicked stock market reaction in the past few weeks, marks the moment when the AI revolution rips chunks out of some of the UK’s biggest public companies – those in the dull but successful “data” game, including Relx, the London Stock Exchange Group, Experian, Sage and Informa. Continue reading...
Nauti's Take
The "Claude crash" shows how quickly AI tools turn partners into competitors. Relx sells expensive legal databases – Claude now offers similar research directly in chat.
We've seen this pattern before: first integration, then disruption. The question isn't if, but how fast such platforms will replace traditional B2B data players.
Summary
The firm remains confident even as the market flips from seeing it as an AI winner to fearing its profit margin will implode As the FTSE 100 index bobs along close to all-time highs, it is easy to miss the quiet share price crash in one corner of the market. It’s got a name – the “Claude crash”, referencing the plug-in legal products added by the AI firm Anthropic to its Claude Cowork office assistant.
This launch, or so you would think from the panicked stock market reaction in the past few weeks, marks the moment when the AI revolution rips chunks out of some of the UK’s biggest public companies – those in the dull but successful “data” game, including Relx, the London Stock Exchange Group, Experian, Sage and Informa. Continue reading...
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