Snowflake’s stock has been swept up this year by broader investor fears about the future of the software industry, and even reasonably upbeat revenue guidance Wednesday doesn’t seem like enough to ...
Tech CEOs are “completely perplexed” by the recent AI-driven market sell-off in software stocks, according to Lead Edge Capital managing partner Mitchell Green. In an interview with CNBC, Green shared ...
Software stocks have fallen in recent months over fears that AI will destroy demand. Some value managers say software companies have gotten cheap enough to warrant monitoring, but they are waiting ...
Author Nassim Taleb says AI will lead to bankruptcies among software firms. He predicted that stock gains among the market leaders of the last few years with be "eradicated." Taleb said that ...
The weeks-long selloff in software stocks deepened Monday amid general unease about the threat posed by AI. Software-makers AppLovin, CrowdStrike, Datadog, and Expedia were all among the S&P 500's ...
IBM stock was down 10% on Monday afternoon after Anthropic published a blog post about how its Claude Code tool can be used to modernize software written in the COBOL language, which handles ...
Major software stocks like Microsoft, Oracle, and Salesforce have seen significant declines from their recent highs. Analysts are divided on whether the selloff is due to fears that AI will make ...
Two things to know about the selloff in software stocks. First, the easy wordplay is already taken. “SaaSpocalypse” is everywhere, suggesting a biblical reckoning for software-as-a-service companies.
Fears of AI displacing software companies resulted in share price drops for ServiceNow and Salesforce. Salesforce saw 9% year-over-year revenue growth in the third quarter and raised its 2025 ...
Oppenheimer analyst Martin Yang said the fear that models like Google's Project Genie will displace game engines is “fundamentally misplaced” and ignores the distinct architectural role Unity plays in ...
Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.
Software stocks are crashing — and Wall Street is calling it Software-mageddon In just one week, the software sector lost over 800 billion dollars Artificial intelligence is shaking investor ...