THE AI EXTINCTION EVENT: Wall Street Brutally Liquidates ‘Obsolete’ Software Stocks as NVIDIA’s New Humanoid Brains Prepare to Replace Entire Corporate Departments

NEW YORK, NY — A wave of financial carnage swept through the Nasdaq Thursday as investors initiated a "scorched-earth" sell-off of software and IT service companies, betting that the next generation of AI agents will render 40% of the S&P 500 structurally irrelevant by the end of the fiscal year.

The Great Replacement

The panic was triggered by NVIDIA’s latest rollout of Project GR00T N1.6, an "open reasoning" brain designed for humanoid robots. Analysts are no longer asking if robots will replace factory workers; they are calculating how quickly NVIDIA-powered humanoids can replace middle management, HR, and legal departments. In a dryly delivered earnings call, one CEO admitted that his company’s "human capital" was now officially classified as a "legacy liability" compared to the efficiency of silicon-based autonomous agents.

Winners and Losers

While the broader market bled, hardware titans NVIDIA and Applied Materials saw their valuations skyrocket. Investors are frantically piling into "Physical AI" infrastructure—the chips and sensors that allow robots to see and act—while dumping companies like Cisco and AppLovin. The message from the market is clear: if your company sells software that a sentient chatbot can write for free, your stock is a "zero."

The ‘Greed Is Good’ Pivot

"We are witnessing the Darwinian phase of the AI revolution," said one lead strategist at a top-tier hedge fund, while reportedly sipping a $400 green juice. "Why would I invest in a company that pays for health insurance and office space when I can buy shares in the company that builds the robots that don't need to sleep? This isn't a market correction; it's a corporate mass-extinction event, and the survivors are going to be trillionaires."

The Chaos Factor

As software stocks plummeted by as much as 18% in a single session, the "Fear and Greed Index" hit a historic high for both categories simultaneously. Retail traders are reportedly using AI-powered "Panic-Bots" to execute sell orders faster than human thumbs can move, leading to a feedback loop of chaos that has forced the New York Stock Exchange to trigger circuit breakers three times in four hours.