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0.000114436116038118 0.000514962522172017 -0.000171654174057339 0.000572180580191076 0.00246152085598206 0.00102992504434403 -0.0039194369743091 -0.00738112948446525
Stock impact report

Big Tech CEOs seek to quell AI worries hammering software stocks [Yahoo! Finance Canada]

NVIDIA Corporation (NVDA) 
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
software companies, even as those firms have seen their stocks plunge in a steep, months-long sell-off. Speaking during the Cisco ( CSCO ) AI Summit in San Francisco on Tuesday, Nvidia ( NVDA ) CEO Jensen Huang said, “There's this notion that the tool industry is in decline and will be replaced by AI…It is the most illogical thing in the world and time will prove itself.” He continued, “If you were a human or robot — artificial general robotics — would you use tools or reinvent tools? The answer obviously is to use tools…like Service Now and SAP." Palantir ( PLTR ) and Oracle ( ORCL ) have led declines in big enterprise software stocks this week, both down about 12% over the past three trading sessions. Salesforce ( CRM ), SAP ( SAP ), ServiceNow ( NOW ), Snowflake ( SNOW ), and Microsoft ( MSFT ) have also plummeted during the period. Palantir Technologies Inc. (PLTR) Investors worry that such software-as-a-service (SaaS) firms could see their customers develop in-house sof Show less Read more
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