Software stocks crash as IBM results deliver “devastating blow”
Investing.com — Software stocks fell sharply Tuesday as disappointing preliminary results from IBM (NYSE:IBM) rippled across the sector,…
IBM warns AI boom is squeezing software budgets, triggers sector rout
July 14 (Reuters) – IBM sparked a market rout on Tuesday after forecasting second-quarter revenue below estimates and…
Salesforce Earnings Can Put AI Fears to Bed, Give Stock a Lift
(Bloomberg) — While software stocks rebound from the artificial intelligence-driven wipeout earlier this year, Salesforce Inc. hasn’t really…
ServiceNow stock tumbles 17% as war in Iran impacts sales growth
What happened: ServiceNow (NOW) stock plunged 17% in early trading on Thursday, fueling a broader sell-off across software…
Dow, S&P 500, Nasdaq rise amid Iran deal hopes, earnings rush
As the war in Iran rolls into its seventh week, markets are still putting more weight on impacts…
Investors look for signs of bottom in software rout after Anthropic announcement
Feb 24 (Reuters) – Investors were looking anew for signs of a bottom in beleaguered shares of software…
Fund Beating 99% of Peers Sees Few Software Firms Surviving AI
(Bloomberg) — Selling software stocks before the crowd paid off for Nick Evans, a Polar Capital fund manager.…
US software stocks hit by Anthropic wake-up call on AI disruption
By Danilo Masoni Feb 4 (Reuters) – U.S. software stocks extended their slide on Wednesday, driven by fears…
Palantir Earnings Arrive Just as Stock Could Use Some Good News
Bloomberg (Bloomberg) — For the first time in two years, Palantir Technologies Inc. shares are not rallying into…