US software stocks scale fresh 2026 highs as AI disruption worries fade
The S&P 500 software and services index rose 1.3% as analysts said 2026 earnings growth expectations climbed to 20.6%, easing AI disruption fears.
6 Articles
6 Articles
The Economic Times
Times of IndiaUS stocks: US software shares scale fresh 2026 highs as AI disruption worries fade
US software stocks are witnessing robust growth, fueled by optimistic earnings projections and partnerships in AI. Major players like Salesforce and Accenture have showcased impressive earnings, aiding the sector's revival. Analysts suggest that fears of AI disrupting the software landscape are exaggerated. Nonetheless, challenges persist as technology evolves, potentially affecting traditional business models.
Channel News Asia
US software stocks scale fresh 2026 highs as AI disruption worries fade
Oct 6 : US software stocks are touching fresh 2026 highs, supported by a sharp rise in earnings expectations, which according to several analysts indicate that fears over AI-led disruption in the sector were largely overstated.The S&P 500 software and services index rose 1.3 per cent on Tuesday to its highest
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