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As software stocks get slaughtered are these S&P 500 names next to crash?
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As software stocks get slaughtered are these S&P 500 names next to crash?
S&P 500 software firms Axon Enterprise and Duolingo have joined Adobe in seeing their share prices crash due to fears about artificial intelligence (AI) disruption. So is the whole sector in trouble? I won’t keep you in suspense: my answer’s ânoâ. Investors really need to think carefully about competition right now, but I think some companies are still very well-positioned. Barriers to entry There’s no way around the fact that AI can now wri…
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