Wall Street Journal:
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+ — Concern over the threat AI poses has hit the shares of companies like Salesforce and Adobe hard
Wall Street Journal:
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+ — Concern over the threat AI poses has hit the shares of companies like Salesforce and Adobe hard
Source: TechMeme
Source Link: http://www.techmeme.com/260226/p27#a260226p27