Wall Street has been skeptical about software stocks for a while, but sentiment has gone from bearish to doomsday lately with ...
The "SaaSpoclaypse" continues, but one top tech leader thinks it's overblown.
By Medha Singh and Saqib Iqbal Ahmed Feb 5 (Reuters) - Shares of U.S. software and data services companies extended their ...
It’s also widened to include the industry’s Wall Street backers, from lenders to private equity owners for whom software ...
Software stocks entered a bear market last week. The latest bout of selling was brought on by Anthropic's unveiling of a new ...
Relx dropped 14.4 per cent on Tuesday, reversing the fortunes of one of the best-performing stocks in recent years and a company widely regarded as one of the UK’s brightest hopes for AI success. Relx ...
Enterprise software stocks are starting to look tempting again, at least on a chart. Adobe Inc. (NASDAQ:ADBE) is trading at ...
By Chibuike Oguh, Danilo Masoni and Medha Singh Feb 4 (Reuters) - Investors were assessing on Wednesday whether a selloff in ...
Global technology and data stocks slid again on Friday, as ​a rout showed no signs of abating ‍on worries over the impact of powerful new AI models on their business and the billions hyperscalers plan ...
U.S. software stocks are falling as investors reprice AI disruption risks, trim premium valuations and rotate toward more defensive sectors.
A swift market reaction, dubbed 'SaaSpocalypse,' saw software stocks plummet by $285 billion after Anthropic's AI assistant, Claude Cowork, launched new plugins. The legal workflow automation plugin, ...
Microsoft is in Wall Street’s doghouse. The company’s shares have lagged the S&P 500 index for the past few months, and the big stock sell-off that followed last Wednesday’s earnings report has left ...