CAMBRIDGE, MA — The honeymoon period for artificial intelligence in the enterprise software sector came to a crashing halt this week. Akamai Technologies (NASDAQ: AKAM), once the steady backbone of the global internet, saw its market value crater by 14% following a fourth-quarter earnings report that fundamentally shifted the narrative from
SAN FRANCISCO — February 24, 2026 — The software sector is reeling from a historic collapse as a "Black February" sell-off has officially wiped out more than $1 trillion in market capitalization from the industry in 2026 alone. What began as a simmering anxiety over AI displacement has boiled over into a
ServiceNow Inc (NYSE:NOW) shares are rebounding Tuesday. The stock is bouncing back from Monday's sell‑off sparked by a Citrini Research report warning that AI could pose major risks to software companies and the broader global economy.
NEW YORK — The era of relative market calm has come to an abrupt end. On February 24, 2026, the CBOE Volatility Index (CBOE: VIX), often referred to as the market’s “fear gauge,” surged to levels not seen since the turbulent “November 2025 Jitters.” Trading between 21.01 and 21.
NEW YORK — In a dramatic reversal of the prevailing market sentiment that has battered the technology sector for weeks, shares of Thomson Reuters (NYSE: TRI) soared nearly 14% on Tuesday, February 24, 2026. The rally, which added billions to the company’s market capitalization, was ignited by a dual announcement:
In a dramatic reassessment of the technology landscape, shares of private equity titans Blackstone (NYSE: BX) and KKR & Co. Inc. (NYSE: KKR) plummeted yesterday, February 23, 2026, as investors fled firms with heavy exposure to the software sector. Blackstone shares fell 6.2% to close at approximately $113.71, while
The long-feared structural repricing of the American software industry has reached a fever pitch this February, as a massive sell-off in US software stocks—popularly dubbed 'Software-mageddon'—wiped out over $1 trillion in market value from the S&P 500 Software and Services index. What began as a series of
The B2B software sector, long the darling of Wall Street for its predictable, recurring revenue, has entered a period of existential volatility. In a staggering opening to the year, the broader software universe plummeted by more than 10% in January 2026, marking one of the most violent rotations in the
In a move that has sent shockwaves through the enterprise technology sector, Jefferies analyst Brent Thill issued a sweeping research report on February 23, 2026, marking a definitive "reset" for the software industry. The report specifically targeted two erstwhile darlings of the cloud era, Workday (NASDAQ: WDAY) and DocuSign (NASDAQ:
SAN FRANCISCO — February 23, 2026 — OpenAI has officially moved from providing the world’s most popular large language models to becoming the central nervous system of global business. In a series of landmark multi-year agreements announced today, the AI powerhouse unveiled the "Frontier Alliances"—a strategic partnership with Accenture, Boston
The enterprise software market is currently weathering its most volatile period since the 2022 rate hikes, as a massive sell-off—now being dubbed the "SaaSpocalypse"—wipes out nearly $1 trillion in market value. This dramatic recalibration of the technology sector has been catalyzed by fears that OpenAI’s rapid expansion
The enterprise software sector, long the crown jewel of Wall Street’s growth portfolio, is currently grappling with a fundamental identity crisis that has wiped out nearly $1 trillion in market value since the start of the year. Investors have rapidly soured on the traditional "Software-as-a-Service" (SaaS) model, fearing that
Date: February 23, 2026 By: Financial Research Insights Introduction As of February 23, 2026, the Cloud Contact Center as a Service (CCaaS) market is undergoing a seismic shift, and Five9 Inc. (NASDAQ: FIVN) finds itself at the epicenter. Once viewed as a high-growth pandemic darling that suffered a brutal valuation reset in 2024, Five9 has [...]
