Why software stocks lost more than $200 billion in market cap today
For investors to wade back into the software sector, they “want and need to see the stocks stop trading down on new AI headlines,” one analyst says.
Results for “Software sector”
6 stories found
Kolanovic Predicts Software Bounce Amid Elevated Semiconductor Leverage
Kolanovic has indicated a potential rebound in the software sector, attributing this outlook to elevated leverage within the semiconductor industry.
Software Rout Impacts Atlassian Founders' Wealth
A downturn in the software market has led to a significant reduction in the wealth of Atlassian's founders, with $7.2 billion wiped off their net worth.
Is GOOG Stock a Buy Amid the Software Selloff?
This article analyzes whether Google (GOOG) stock is a good buying opportunity in the midst of a broader selloff in the software sector.
Truist Cites AI Narratives and Terminal Value Concerns for PagerDuty
Truist highlighted AI narratives and terminal value concerns as key drivers for PagerDuty (PD) in the infrastructure software sector.
Software Sector Faces Slump While Analysts Identify Upside Potential in Specific Stocks
Amidst a software bear market, Wall Street analysts and veteran traders are identifying specific software stocks, such as Palantir, that they believe have significant upside potential despite the broader industry downturn.