Hedge funds are increasing their short bets against software stocks, contributing to the brutal sell-off in the space so far this year, according to sources at two major funds on Wall Street.

RICHMOND, Va. (WRIC) — Fourth-grader Curtis Ready from Mary Munford Elementary School was crowned winner of the Richmond Public Schools (RPS) City Wide Spelling Bee Thursday evening following 21 ...

Nearly a week after software stocks plunged in response to earnings reports from industry heavyweights like Microsoft (NASDAQ: MSFT), ServiceNow, and SAP that were less than perfect, the sector ...

New AI tools from Anthropic sparked a broad sell-off in software and data stocks. Executives say fears are overblown, but analysts warn of margin and pricing pressure. Investors are reassessing which ...

Sustainability has become a defining priority across industrial and maritime operations. While much of the discussion centers on alternative fuels and emerging technologies, one of the most immediate ...

An SDV centric vehicle has the ability to continuously better the vehicle performance, continuously learn and upgrade the vehicle software supported by OTA and Connectivity. Propelled by consumer ...

Anthropic's newly launched AI plugins have triggered what analysts are calling a 'SaaSpocalypse'—a brutal selloff that wiped out roughly $285 billion from software, legal tech and financial services ...

(Bloomberg) — Wall Street has been skeptical about software stocks for a while, but sentiment has gone from bearish to doomsday lately with traders dumping shares of companies across the industry as ...

The prospect of disruptions from artificial intelligence has hung over the economy for years. But this week advances in software tools precipitated a sell-off on Wall Street. Data delayed at least 15 ...

Editor’s note: This article was updated on February 5th. These are anxious times for software bosses. Not long ago they were sitting pretty thanks to juicy margins and a widespread belief that, as one ...

Software stocks fall on AI disruption fears, but selling intensity eases Scramble to shield portfolios as AI muddies valuations, business prospects Selloff has been overdone, analyst says Software and ...

One of the brightest stars in the night sky will vanish as seen from North America and Europe in a rare event. When you purchase through links on our site, we may earn an affiliate commission. Here’s ...