Your email has been successfully added to our mailing list.

×
-4.25202937766134E-05 -0.000565326633165782 -0.00107460378817159 0.000144955546965603 -0.00159451101662163 0.000676459219172721 -3.28565906455275E-05 -0.00106300734441437
Stock impact report

Software stocks jump as Wall Street pushes back on 'doomsday scenario' for industry [Yahoo! Finance Canada]

ServiceNow, Inc. (NOW) 
Last servicenow, inc. earnings: 4/29 04:10 pm Check Earnings Report
Software stocks mostly rebounded on Monday as Wall Street analysts pushed back against growing investor fears that artificial intelligence could disrupt the sector's business models. Oracle ( ORCL ) shares jumped 10% after DA Davidson's Gil Luria upgraded the stock to Buy from Neutral, citing optimism about the company's OpenAI deal and pushing back against fears that AI would hurt its software business. "Software isn't dead," Luria said in a note. "We believe companies will continue to pay for Oracle's products and that they will not be vibe coded away," Oracle shares are down roughly 20% year to date as the broader industry has taken a hit. The Tech-Software Sector ETF ( IGV ), which also includes heavyweights like Microsoft ( MSFT ), Palantir ( PLTR ), is down 20% year-to-date over fears that AI will take over tasks traditionally handled by enterprise software and disrupt their revenue models. On Monday it was up 3%. Over the weekend, Wedbush Securities' senior equity re Show less Read more
Impact Snapshot
Event Time:
NOW
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for NOW alerts
Opt-in for
NOW alerts

from News Quantified
Opt-in for
NOW alerts

from News Quantified