The software space is facing serious market concerns this week, after the release of new AI tools from AI triggered a market sell-off.

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Investors had grown weary that the massive run-up in spending on AI hardware might not be sustainable, stoking fears of a bubble building in the sector.

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AI advances trigger software selloffs as infrastructure software trades at 11x sales, offering a mispriced buy opportunity.

We call it the ‘SaaSpocalypse,’ an apocalypse for software-as-a-service stocks,” said Jeffrey Favuzza, who works on the equity trading desk at Jefferies. Selling pressure was evident across the sector ...

On January 10, Yahoo Finance reported that concerns about “the death of software” because of AI may be greatly overstated. Analysts from Piper Sandler, Truist Securities, and DA Davidson pointed out ...

Hopes for a rebound in battered software stocks have quickly faded, as renewed anxiety over artificial intelligence disruption pushes the sector to one of its weakest starts in years, Bloomberg News ...

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