The Magnificent Seven dominate the artificial intelligence narrative because they sit at the most visible points of the ecosystem. Nvidia designs the chips, Microsoft and Amazon provide cloud platforms, Alphabet trains large-scale models, and Meta and Tesla integrate AI into consumer-facing products. Their size and visibility made them the default proxy for AI exposure. But…
Shares of Microsoft and ServiceNow are trading at attractive prices after the steep sell-off in software stocks. The S&P North American Technology Software Index, which tracks 111 software stocks, has fallen 30% from the all-time high it hit in September. The puts the index in bear market territory, and artificial intelligence (AI) is the root…
Shares in numerous software companies have dropped after artificial intelligence firm Anthropic released new agentic AI tools, leaving some investors worried about the future of traditional software-as-a-service (SaaS) firms. The S&P 500 software and services index lost around 8 per cent of its value last week, and has shed around $US1 trillion ($1.4 trillion) since…
SINGAPORE – Local retail investors have been piling into Nasdaq-listed technology and artificial intelligence (AI) names since the fourth quarter of 2025, and their appetite has stayed strong into the new year despite growing bubble warnings. Based on data provided by trading platform eToro, Nvidia continued to lead the stocks most widely held by eToro…
Fears that agentic AI tools such as Anthropic’s Claude Cowork plug-ins could automate core enterprise processes and disrupt the traditional SaaS model triggered a sharp sell-off in global tech stocks, dragging down US software majors and wiping over ₹2 lakh crore off the market capitalisation of Indian IT firms, even as Indian industry leaders argue…
Last Updated:February 04, 2026, 18:03 IST Anthropic’s Claude Cowork AI launch triggered the SaaSpocalypse, wiping $285 billion from global software stocks as investors fear AI replacing platforms At the centre of the storm is Claude Cowork, Anthropic’s no-code, agentic AI assistant for enterprises. (Representative Image) A new word entered the market’s vocabulary overnight, ‘SaaSpocalypse’. A…
AI will have a lasting effect on the market. Finding artificial intelligence (AI) stocks with the intention of buying now and holding forever is a wise idea. There may be some companies that rise and fall, but I think these three have serious staying power and will be forces to reckon with over the next…
(Bloomberg/Ryan Vlastelica) — Soaring prices for memory and storage components have turned companies like Sandisk Corp., Micron Technology Inc. and Western Digital Corp. into the hottest stocks in the market over the past year. But they’re causing headaches for many of their customers. Hardware companies from Apple Inc. to HP Inc. are under pressure, as…
This article was written by Follow Beth Kindig is a veteran technology analyst with more than 14 years of experience covering both the private and public markets. She began her career in Silicon Valley in 2011—just as technology overtook oil as the world’s most valuable industry—and quickly distinguished herself for her prescient, high-conviction calls on…
