Software stocks in the State Street ETF lost $1.6T in combined market cap in 2026 due to AI fears; Microsoft, AppLovin, Intuit, and Salesforce each lost $50B+
Software stocks like AppLovin and CrowdStrike extended their weeks-long selloff; several of the biggest decliners were discussed in Citrini Research's post
The weeks-long selloff in software stocks deepened Monday amid general unease about the threat posed by AI. — Software-makers AppLovin, CrowdStrike …
Software stocks extended their weeks-long selloff on Monday; several of the biggest decliners were discussed in a post by Citrini Research
The weeks-long selloff in software stocks deepened Monday amid general unease about the threat posed by AI.
AppLovin's stock falls 10%+ after two short sellers released reports questioning the integrity of the company's AI-powered AXON ad software
Shares of AppLovin tumbled 13% Wednesday as two short-seller reports cast doubt on the integrity of the company's AI-powered AXON advertising software …
AppLovin was 2024's top performing US tech stock, up 758% as of December 24, followed by MicroStrategy, up 467%, and Palantir, up 380%; the Nasdaq jumped 33%
Artificial intelligence is still an abstract concept for many everyday consumers unsure about how it will change their lives.