This week’s AI winners and losers
Yahoo Finance’s AI winners and losers provides a weekly snapshot of some of the biggest stories impacting the…
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,…
Jensen Huang Says Software Companies Are About to Benefit From AI. These 2 Stocks Could Win Big
Wall Street has been bearish on software companies. Some investors and analysts believe that artificial intelligence (AI) will…
Software stocks whipsaw amid AI fears, as Anthropic IPO looms
The software sector is currently caught in a tug-of-war between profound optimism and existential dread over the future…
Anthropic CEO Dario Amodei warns some software companies will ‘completely go bust’
Anthropic (ANTH.PVT) CEO Dario Amodei says software-as-a-service (SaaS) companies that don’t evolve with AI could face ruin. Amodei…
AI is moving so quickly, companies must change 40% of what they are doing every year
Okta (OKTA) co-founder and CEO Todd McKinnon is serving up the cold, hard truth on adapting to the…
Salesforce’s $25 Billion Debt Sale Draws Weak Demand on AI Worry
Photographer: David Paul Morris/Bloomberg (Bloomberg) — Salesforce Inc. saw lukewarm appetite for its $25 billion bond sale amid…
Investors Are Dumping Software Stocks and Earnings Won’t Stop It
Bloomberg (Bloomberg) — Investors have been ditching software stocks for months on fears of disruption from artificial intelligence,…
JPMorgan Flags ‘AI-Resilient’ Software Names After Selloff
Fears that artificial intelligence (AI) will rapidly disrupt software companies have been overdone, according to JPMorgan. The bank’s…
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.…
Dan Ives Says Software Selloff Is Worst He’s Seen In 25 Years As Microsoft, Salesforce Face Brutal AI Reckoning
On Thursday, Wedbush analyst Dan Ives said that Wall Street is punishing software stocks like Salesforce Inc. (NYSE:CRM),…
Traders Chase ‘AI Resistant’ Stocks During Slide in Tech
Bloomberg (Bloomberg) — A new group of stock winners has emerged as technology shares slide: Companies with businesses…