26-Year Record Jump After Brutal AI Fear Selloff

Thomson Reuters stock chart showing steep decline from July all-time high of C293.53 to C110-120 range, with three corporate employees displaying stress and despair in Toronto headquarters office. Red declining line graph dominates screen, framed by disappointing sales growth and AI disruption headlines.

In July, Thomson Reuters shares hit an all-time high of C$293.53. After that, the stock lost more than half its value due to weak sales growth and rising fears that AI could disrupt its main business.

Anthropic CEO presenting Claude Cowork legal AI tool plug-in on stage at tech conference, with audience silhouettes and stock ticker showing red declining numbers for legal software companies. February 3 product launch triggers market rout across legal information sector.

On February 3, Anthropic launched a legal AI tool for its Claude Cowork platform. The announcement caused a market selloff in legal and software companies, increasing fears that AI could damage traditional business models.

Thomson Reuters CEO Steve Hasker presenting CoCounsel AI legal tool at Anthropic briefing, celebrating one million users milestone with partnerships displayed for Anthropic Claude, OpenAI GPT, and Google Gemini. Stage features warm spotlight and corporate presentation screen.

At an Anthropic event, CEO Steve Hasker presented CoCounsel on stage. The company said the tool reached 1,000,000 users and moved from testing to full use, working with Claude, GPT, and Gemini.

Toronto trading floor celebration as Thomson Reuters stock surges 14 percent, marking biggest intraday gain in 26 years. Traders cheer beneath overhead screens showing green upward charts, with TRI stock price at C124.61 and record-breaking rally indicators.

Shares of Thomson Reuters jumped as much as 14%, the biggest intraday gain in 26 years. The stock traded 12% higher at C$124.61, giving relief after losing over half its value since July.

National Bank Financial analyst Adam Shine research report showing C175 price target and outperform rating for Thomson Reuters stock, with hand pointing at target price below C293.53 record high. Computer monitors display stock analysis charts in background.

Adam Shine from National Bank Financial rated the stock “outperform” with a C$175 target, below the record C$293.53. He questioned if the early gain would last and said AI risks may be overstated.

Aerial view of symbolic crossroads representing AI market forces, with four quadrants showing AI optimism green zone, AI pessimism red zone, Thomson Reuters corporate adaptation, and market uncertainty. Central compass rose symbolizes undetermined future of AI impact on stocks.

The market still swings between hope that AI will boost growth and fear it will damage software businesses. Shine said it may take more time to see how Thomson Reuters truly benefits from AI.