Fresh AI Disruption Selloff Hits Thomson Reuters Despite Strong Results

Thomson Reuters Corp. shares fell despite positive first-quarter results after Anthropic PBC unveiled new artificial intelligence agents designed to handle a broader mix of financial services tasks.

Shares had rallied on Tuesday morning following the earnings report, then reversed course to fall as much as 5.1% after the Anthropic announcement dragged down sector peers. They pared those losses by the end of the day, closing down 0.8% at C$129.43 in Toronto.