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-0.000761107411283401 -0.000380553705641633 0.00114166111692517 0.00399581390923796 -0.00259252211968408 0.00109409190372 0.00589858243744653 0.00742079726001333
Stock impact report

Investor Dan Ives says the tech selloff that has been spooking markets is actually a ‘generational opportunity' to get in on the action [Fortune]

ServiceNow, Inc. (NOW) 
Last servicenow, inc. earnings: 4/29 04:10 pm Check Earnings Report
Company Research Source: Fortune
could erode the very value propositions that made tech giants dominant in the first place. Yet some executives and market veterans warn against short-term panic, calling the sell-off a rare opportunity to buy into the next phase of the AI boom. Recommended Video The AI growth story has been tempered by a widespread selloff in software stocks. Call it the software-mageddon or the SaaSpocalypse , but companies who specialize in designing, selling and maintaining digital software products are getting battered. Earlier this month, JPMorgan analysts wrote that software companies had lost around $2 trillion in value over the past year, calling it the “the largest non-recessionary 12-month drawdown in over 30 years.” The culprit has been an increasingly popular feeling among investors that AI is sorting tech players into winners and losers . Under this view, software companies could fall into the latter camp as the capabilities of newer AI models promise to replace expensive digital se Show less Read more
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