Fears of AI displacing software companies resulted in share price drops for ServiceNow and Salesforce. Salesforce saw 9% year-over-year revenue growth in the third quarter and raised its 2025 ...
Software stocks have dropped into a bear market due to concerns about AI, but Nvidia CEO Jensen Huang says the market's reaction has been "illogical." Microsoft's generative AI copilots are gaining ...
S&P 500 software and services index on track to shed $1 trillion in market value since January 28 ServiceNow, Salesforce down after sharp falls earlier this week Overseas tech stocks mixed: LSEG up, ...
Sharath Chandra Macha says systems should work the way people think. If you need training just to do simple stuff, something's wrong ...
Software stocks are in a freefall. Adobe stock price continued its freefall this week, reaching its lowest level since April 2020. It has now erased all the gains made during the pandemic, while its ...
The software sector has shifted from a state of bearishness to “doomsday” sentiment. Jeffrey Favuzza of Jefferies' equity trading desk told Bloomberg, "We call it the ‘SaaSpocalypse,' an apocalypse ...
The two-decade reign of the seat-based software-as-a-service (SaaS) model is facing a major threat from AI agents—and software stocks are already feeling the pain. Customers paid for a software ...
RightCrowd today announced its partnership as a ServiceNow Build Partner to deliver physical identity and access management (PIAM) capabilities to the ServiceNow AI Platform. The collaboration enables ...
RightCrowd today announced its partnership as a ServiceNow Build Partner to deliver physical identity and access management (PIAM) capabilities to the ServiceNow AI Platform. The collaboration enables ...
Software stocks were dragged into bear market territory this week despite a better-than-expected quarterly update from industry leader ServiceNow. Investors question the sector’s future when ...
Even upbeat guidance from ServiceNow wasn’t enough to shake negative software sentiment. Software stocks have taken a beating in recent months, reflecting questions about whether artificial ...
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