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Stock impact report

Hot Picks: Software stocks poised for renewed growth as AI spending shifts [BNN Bloomberg (Canada)]

Manhattan Associates, Inc. (MANH) 
Last manhattan associates, inc. earnings: 4/21 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.manh.com
Company Research Source: BNN Bloomberg
The opportunity lies in established software providers that benefit from recurring revenue, renewals and upgrades as AI becomes more embedded in everyday operations. BNN Bloomberg spoke with Gil Luria, head of technology research at D.A. Davidson, who discussed why select supply chain, marketing and content management software companies could emerge from the shadow of larger AI players as revenue growth reaccelerates. Key Takeaways Artificial intelligence is expected to enhance, not replace, enterprise software, supporting durable revenue growth. Software revenue growth could reaccelerate as enterprises resume spending after AI-driven distractions. Recurring revenue models and renewals remain central to software sector stability. Upgrades and replacement of legacy systems are key catalysts tied to AI adoption. Valuations may improve as investors refocus on cash flow and sustainable growth. Read the full transcript below: ANDREW: Let's get to Hot Picks. Our guest has Show less Read more
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