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Software stocks are experiencing another brutal selloff on Thursday, and one technical strategist suggests more pain could be ahead for the beaten-down sector.
A strategist notes that the sector is once again testing a technical support level, which increases the likelihood that it will break that support ServiceNow is among the software stocks seeing sharp ...
Many private-credit fund managers are playing down their exposure to software as fears spread about threats from artificial intelligence. A detailed analysis revealed four large funds marketed to ...
Shares of software companies fell sharply on Tuesday after a release from a major artificial-intelligence player revived investor fears that some of those companies’ business models could become ...
Wall Street is finding buying opportunities in software after the group's historic sell-off. Names like Intuit and CrowdStrike could be among the market's AI-proof winners. Software stocks plunged ...
Anthropic announced new AI tools that connect with Salesforce-owned Slack, Intuit, Docusign, LegalZoom, FactSet and Google's Gmail. Cybersecurity and software names have sold off heavily in recent ...
As their stocks tank, software makers are rebranding themselves as A.I. innovators. Sparkle emojis are everywhere, but some efforts have been more successful than others. By Sarah Kessler When ChatGPT ...
Last week’s steep drop in software stocks on concern about competition from artificial intelligence was likely overdone and the US economy remains poised for strong growth this year, according to ...
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