Software and chip stocks sell off as AI financing worries spread; software names shed $260B
A broad rotation out of AI-linked software and semiconductor names erased about $260 billion in software market value, with Palantir, ServiceNow, Salesforce, Sn
Yahoo Finance · +14 outlets
Oracle shares fall on AI data center delays and rising funding costs; $664B backlog in focus
Investors weighed Oracle's record $664 billion cloud backlog against delays in AI data center buildouts and higher funding costs, sending the stock lower.
Foreign Policy Journal · +14 outlets
IBM warns clients shifting spending to servers and cybersecurity, pressuring software stocks
An IBM warning that customers are moving budget toward servers and cybersecurity hit enterprise software shares including Adobe, Salesforce, ServiceNow and Micr
Stocktwits · +13 outlets
Indian IT stocks post best week in 18 years as global AI selloff hits US peers
Indian software and IT services shares rallied about 12%, their strongest week since 2008, as money rotated away from US AI names.
Magzter · +14 outlets
KeyBanc downgrades Workday, says AI revenue contribution will take time
KeyBanc cut Workday to a less favorable rating, arguing HR tech budgets are being redirected to broader AI initiatives before Workday sees material AI revenue.
Yahoo Finance · +12 outlets
Microsoft enters bear market after 21% drop from peak; analysts stay bullish
Microsoft shares fell more than 20% from their high, with Goldman Sachs and Citi still positive on Azure growth that could reach 47%.
Stocktwits · +2 outlets
Alphabet rolls out Gemini 4 Argon globally as cloud growth offsets capex concerns
Google expanded its newest Gemini model worldwide, with analysts weighing an 82% cloud surge against a roughly $205 billion capital spending bill.
Simply Wall Street · +4 outlets
Piper Sandler lifts ServiceNow price target on AI growth
Piper Sandler raised its ServiceNow target citing AI-driven expansion, even as the stock swung in the wider software selloff.
Investing.com · +14 outlets
Anthropic gives third-party auditors employee-like access in AI industry first
The arrangement deepens external evaluation of frontier AI systems as labs continue to self-regulate.
ZDNET · +10 outlets
UBS sees AI upside for tech stocks while RBC stays cautious after $1 trillion selloff
The two banks diverged on tech stocks after a roughly $1 trillion AI-linked drawdown, with UBS bullish and RBC more defensive.
Beinsure · +1 outlets
Palantir stock plunges 7% as AI selloff spreads to software
Palantir's record breakout reversed as the AI-driven software selloff pulled the stock sharply lower.
Stocks Down Under · +13 outlets
Snowflake shares fell 8% Friday as cloud software names tumbled
Snowflake was among the cloud software decliners as AI financing concerns spread across the sector.
TIKR.com · +3 outlets
Salesforce draws mixed signals as Cramer calls it sticky in the AI era, valuation test looms
Salesforce shares fell with peers even as commentators argued its CRM franchise remains sticky through the AI transition.
Yahoo Finance · +1 outlets
Meta business account terms allow AI scraping with no opt-out, legal experts say
Business users' data can be used for AI training under updated terms that offer no opt-out.
ZDNET · +14 outlets
Meta pushes Meta AI into the enterprise, Zuckerberg says
Meta is pitching its AI assistant to business customers, moving beyond consumer use cases.
Investor's Business Daily · +13 outlets
Celonis wins German patent ruling against SAP in process mining dispute
The German court decision is a setback for SAP in its long-running process mining patent fight with Celonis.
JUVE Patent · +2 outlets
Munich returns to open source but skips a Linux desktop
The city is again favoring open source software in the public sector, though it stopped short of a full Linux desktop migration.
ZDNET · +1 outlets
Epic, Amazon and Cost Plus launch point-of-care cash price tool
The partners rolled out a tool showing cash prices for medications at the point of care.
Pharmaceutical Commerce · +3 outlets