A top-performing asset manager is warning that few software firms will survive the rapid growth of artificial intelligence – ...
Typically, when there's a deep sell-off across a sector, it's preceded by a triggering event.
Software stocks are cratering over fears of rising capital expenditures and artificial intelligence (AI) bubble concerns.
Artificial intelligence (AI) is quickly weaving its way into daily life. According to Goldman Sachs, 9.2% of U.S. companies now use AI to produce goods and services, which is twice the percentage that ...
While Palantir's extreme valuation -- a forward P/E ratio of 110 and a price-to-sales ratio of 75 -- is eye-watering, BigBear.ai is a penny stock at this point, subject to extreme volatility and ...
Countless companies stand to benefit from AI, but these stocks have AI and automation as a central part of their businesses.
Intuit’s AI-driven shift: how TurboTax & QuickBooks data powers AI agents for SMBs, widening its moat. Read here for an ...
The selloff, partly sparked by AI developer Anthropic's updated chatbot release last week that heightened fears of AI-driven ‌disruption in ‌the data and professional services industry, broadened on W ...
[Note: The revenue figures for Generative AI platforms and applications and total AI software have been updated since this press release was originally issued on October 31, 2023.] A recent IDC survey ...
By Saqib Iqbal Ahmed and Lewis Krauskopf NEW YORK, Feb 9 (Reuters) - The software and services industry's recent plunge has ...
While shares of Palantir continue to crush the market, another AI software stock, ServiceNow, has underperformed so far this year. Shares of ServiceNow have climbed considerably over the last year, ...