Veteran Tech Analyst: The Market Has Wrongly Left Software for Dead in the AI Rotation
Richard Windsor, founder of Radio Free Mobile, pushed back against the panic gripping AI stocks in a recent episode of Bloomberg Horizons Middle East & Africa.
Richard Windsor, founder of Radio Free Mobile, pushed back against the panic gripping AI stocks in a recent episode of Bloomberg Horizons Middle East & Africa.
Six months into 2026, the boring stuff is winning. The SPDR S&P Dividend ETF (NYSEARCA:SDY) is up 12.57% year to date, while the iShares Expanded Tech-Software ETF is down 11.4% over the same stretch. That is a wide gap between dividend aristocrats and enterprise software. SDY, the plain-vanilla index of companies that have raised dividends... Dividend Aristocrats Are Quietly Outrunning Software in 2026. Investors Are Piling Into This ETF
CRM's Data 360 momentum, AI-driven ARR growth and Informatica synergies are likely to support stronger fiscal 2027 revenue growth as customer demand expands.
The Dow just closed out its best first half since 2021, up 8.7% year-to-date, yet Wednesday's open felt like a nervous glance at the door. CNBC's Dominic Chu kicked off July with mixed earnings, one big M&A shrug, and a jobs report that gave the bulls something to chew on. Chu flagged the labor data.... The Dow Just Had Its Best First Half Since 2021, but This Jobs Number Is Flashing Yellow
Investors are too bearish about the impact of AI on Salesforce's business, according to one Wall Street analyst. The enterprise software specialist's stock is trading at a sizable discount to its recent highs.
Salesforce, Inc. (NYSE:CRM) stock traded higher by more than 4% on Wednesday after an analyst upgrade. The move stands out because the broader market is mixed, making stock-specific news the cleaner driver.
Salesforce (NYSE:CRM) and ServiceNow (NYSE:NOW) stocks are both higher this morning, after Guggenheim upgraded the software staples to "buy," from "neutral," arguing that recent weakness has created attractive entry points.
A Guggenheim analyst says that valuations for the two software stocks are too depressed, even though the AI threat is real.
Guggenheim analyst John DiFucci raises his rating on Salesforce to Buy from Hold with a $228 price target.
Futures are trading lower as we get ready to start the third quarter after a record-setting second quarter that saw the Dow Jones Industrial Average close at 52,317, up 0.26% to finish the venerable index's best first half since 2021, while the Nasdaq finished the session at 26,213, up 1.52% for the tech-heavy index's best quarterly finish since 2020.
Many software companies' stocks tanked earlier this year as investors panicked about the possibility that agentic AI could render their products obsolete. Salesforce trades at a reasonable valuation and is rapidly gaining market share in agentic AI.
Characteristics and Risks of Standardized Options: https://bit.ly/2v9tH6D. Phillips Securities downgraded Salesforce (CRM) as it and other software giants struggle to overcome AI disruption fears.
Every trader and investor should keep one principle close: wait for the opportunistic entry. Opportunistic entries are those unforeseeable, often irrational, price pullbacks that occur in otherwise healthy, growing, and attractive stocks.
The AI investment story has shifted repeatedly over the past year. Investors first piled into semiconductor companies, then power producers, networking firms, and data center infrastructure providers as the race to build AI capacity accelerated. Software companies, however, became the market's biggest casualty after fears emerged that AI agents could replace many traditional software applications... AI Didn't Kill SaaS After All: Why Beaten-Down Software Stocks Are Rebounding
Diane King Hall discusses this morning's top moving stocks at the opening bell, pointing to Phillip Securities downgrading Salesforce (CRM) and Adobe (ADBE). Arete also downgraded CrowdStrike (CRWD) to neutral from buy with a $730 price target.
Top software stocks have slumped this year amid the lingering concerns that artificial intelligence tools by companies like OpenAI and Anthropic will hurt their revenue growth in the long term. ServiceNow (NOW) stock is down by 35% this year, while Salesforce (CRM), Workday (WDAY), and Adobe (ADBE) have fallen by over 40%.
Futures are trading higher as we get ready to start a holiday-shortened trading week, with the Federal 4th of July holiday scheduled for Friday, before we celebrate the 250th anniversary of the country on Saturday.
Amazon, Alphabet, Salesforce, Nvidia, and Microsoft have all participated in Anthropic's funding raises over the past few years. Anthropic is also funneling business to key investors and partners, especially Amazon and Alphabet.
Last week, Salesforce announced a new $3.6 billion acquisition. This start-up has seemingly already made a successful transition to agentic software on its own custom model with outcome-based pricing.
After initiating coverage in February 2026, CRM's stock is down by approximately 15%. Especially after the release of Q1-27 earnings, I view the opportunity as even more compelling today. Fears that Salesforce is about to get disrupted by artificial intelligence have become completely overblown, with the stock now trading at a free cash flow yield of ~11.2%. Agentforce and Slack increased revenue by 43% in Q1 '27, a meaningful acceleration versus the 14% and 37% reported in Q1 '26 and Q4 '26, respectively.