{"id":119446,"date":"2026-07-26T20:00:15","date_gmt":"2026-07-26T20:00:15","guid":{"rendered":"https:\/\/www.europesays.com\/ai\/119446\/"},"modified":"2026-07-26T20:00:15","modified_gmt":"2026-07-26T20:00:15","slug":"10-stocks-lost-over-40-in-2026-as-investors-dumped-everything-ai-might-kill","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ai\/119446\/","title":{"rendered":"10 Stocks Lost Over 40% in 2026 as Investors Dumped Everything AI Might Kill"},"content":{"rendered":"

\"Photo<\/a> Photo by BeInCrypto <\/p>\n

The S&P 500 rose 8.28% this year. However, ten of its own stocks lost more than 40%. <\/p>\n

Both things are true at once. Investors are paying almost anything for AI. They are dumping whatever they think AI will kill. <\/p>\n

AI Fear Crushed Software and Consulting Stocks <\/p>\n

The damage is concentrated. Software, consulting and advertising names fill the bottom of the Slickcharts list. <\/p>\n

It started in February. Anthropic released a new AI model. Enterprise software stocks sold off hard. Traders called it the SaaS-pocalypse. <\/p>\n

Intuit (INTU) is the clearest victim, down 55.27%. It owns TurboTax, which brings in about a quarter of company revenue and profit. <\/p>\n

\"Intuit<\/a> Intuit (INTU) Stock Performance. Source: Google Finance <\/p>\n

Then cheap AI tax tools arrived. Goldman Sachs analyst Gabriela Borges cut her price target in June to $276, down from $519. <\/p>\n

Intuit moved fast. It cut 17% of staff, roughly 3,000 jobs. It also lowered its TurboTax forecast. <\/p>\n

The company is now worth about $88 billion, Forbes reported. A year earlier it was worth more than $219 billion. <\/p>\n

Accenture (ACN) tells a similar story, down 45.21%. Clients are spending on AI instead of consultants. <\/p>\n

New client orders slipped to $19.3 billion from $19.7 billion. Accenture cut its sales growth forecast to between 3% and 4%. The stock fell almost 18% in one day. <\/p>\n

Cognizant (CTSH), Gartner (IT) and The Trade Desk (TTD) each lost 44% to 55%. All three sell work that AI can copy. <\/p>\n

But the Two Biggest Losers Had Nothing to do with AI <\/p>\n

Here is the twist. The two worst stocks fell for old-fashioned reasons. <\/p>\n

\"AI<\/a> AI Fear Wiped 40% Off 10 S&P 500 Stocks While the Index Rose 8% <\/p>\n

CoStar Group (CSGP) is down 58.86%, the weakest in the index. Its problem is spending, not AI. <\/p>\n

CoStar owns Homes.com, a property listings site. In January it said the site will not cover its own costs until 2029. Profit is not expected until 2030. <\/p>\n

The core business is fine. Revenue jumped 23% to $897 million last quarter. Profit was just $3 million. <\/p>\n

Investors lost patience. In February, hedge fund D.E. Shaw told CoStar to quit or shrink Homes.com. It said the move could unlock more than $10 billion. CoStar called the campaign “activism malpractice.” <\/p>\n

Shareholders backed the board in June. Nasdaq had already dropped the stock from its Nasdaq-100 index in May. <\/p>\n

Boston Scientific (BSX) is down 53.59%. It simply grew slower than promised. <\/p>\n

In February it expected sales to grow 10% to 11%. By April it cut that to between 6.5% and 8%. <\/p>\n

A rival explains why. Medtronic said its heart device sales rose 124% in the United States. It took “an additional 8 points of U.S. share.” <\/p>\n

Then bad news piled up. Boston Scientific recalled its Accolade pacemakers. Regulators tied the fault to four deaths and 2,557 serious injuries. It also agreed to buy Penumbra for $14.5 billion. <\/p>\n","protected":false},"excerpt":{"rendered":"Photo by BeInCrypto The S&P 500 rose 8.28% this year. However, ten of its own stocks lost more…\n","protected":false},"author":2,"featured_media":119447,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3603,24,60424,25,60423,60425,3174],"class_list":["post-119446","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ai","tag-accenture","tag-ai","tag-ai-fear-crushed-software","tag-artificial-intelligence","tag-boston-scientific","tag-costar-group","tag-intuit"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/119446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=119446"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/119446\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/119447"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=119446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=119446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=119446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}