US stocks continued a free-fall Wednesday as Wall Street assessed a fresh wave of earnings and waited for Alphabet (GOOG, GOOGL) results, eyeing the fallout from an AI-stoked slump in software and tech stocks. The Read More
Tags :Software stocks
US stocks were mixed on Wednesday as Wall Street assessed a fresh wave of earnings and waited for Alphabet (GOOG, GOOGL) results, eyeing the fallout from an AI-stoked slump in software stocks. The Dow Jones Read More
US stocks sank on Tuesday as investors digested a wave of tech-focused earnings, while precious metals jumped to continue their wild ride and a partial government shutdown neared an end. The tech-heavy Nasdaq Composite (^IXIC) Read More
(Bloomberg) — Wall Street has been skeptical about software stocks for a while, but sentiment has gone from bearish to doomsday lately with traders gripped by fears about the destruction to be wrought by artificial intelligence. “Read More
Software stocks are witnessing their worst month since the Lehman Brothers collapse. Investors are now reassessing whether traditional business models can withstand the rapid advance of artificial intelligence. The iShares Expanded Tech-Software Sector ETF (NYSE:Read More