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Stocks Fall on AI Slowdown Fears and Rising Crude Oil Prices
Barchart5d agobearish
Stocks Fall on AI Slowdown Fears and Rising Crude Oil Prices

The S&P 500 Index ($SPX ) (SPY ) is down by -0.65% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -1.48%. E-mini S&P futures (ESU26 ) are down -0.58%, and September E-mini...

Zoom Falls 6% as Soft Q3 Profit Guidance Overshadows a Double Beat; HubSpot and Monday.com Slip
24/7 Wall St.24d agobearish
Zoom Falls 6% as Soft Q3 Profit Guidance Overshadows a Double Beat; HubSpot and Monday.com Slip

A soft third-quarter profit outlook is overshadowing an otherwise clean beat at Zoom Communications (NASDAQ:ZM), sending the video collaboration name lower even as the broader software tape barely moves. Zoom stock is down 6% to $95.08 Wednesday morning after the company delivered a Q2 FY2027 double beat, raised its full-year outlook, and then guided Q3 ... Zoom Falls 6% as Soft Q3 Profit Guidance Overshadows a Double Beat; HubSpot and Monday.com Slip

Investing.com67d agobearish
Software stocks tumble: High memory prices cannibalize enterprise tech capex

Tech stocks faced downward pressure Tuesday as disappointing preliminary results from IBM (NYSE:IBM) rippled across the sector, pulling shares of major software companies lower. Following IBM’s update, investors reacted sharply to the cooling sentiment in the broader software space: Accenture (NYSE:ACN): Fell 8% ServiceNow (NYSE:NOW): Dropped 6% Workday (NASDAQ:WDAY): Declined 5% Salesforce (NYSE:CRM): Slipped 5% The decline is rooted in a fundamental shift in enterprise capital expenditure (cap

Stock Indexes Fall as Chipmakers Retreat
Barchart74d agobearish
Stock Indexes Fall as Chipmakers Retreat

The S&P 500 Index ($SPX ) (SPY ) today is down -0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.43%. September E-mini S&P futures (ESU26 ) are down -0.25%, and September E-mini Nasdaq futures...

Analyst Dan Ives Warns Companies Talking About Job Cuts Are ‘Shooting Themselves in the Foot’
24/7 Wall St.114d agobearish
Analyst Dan Ives Warns Companies Talking About Job Cuts Are ‘Shooting Themselves in the Foot’

Wedbush Securities analyst Dan Ives has a message for tech CEOs racing to publicly tie artificial intelligence to headcount reductions. On a recent segment of The AI Daily Brief, Ives argued that framing AI as a workforce-reduction tool is a strategic mistake at a moment when investors are paying a premium for AI-driven growth stories ... Analyst Dan Ives Warns Companies Talking About Job Cuts Are ‘Shooting Themselves in the Foot’

Atlassian Outage And Restructuring Put AI Ambitions Under Investor Scrutiny
Simply Wall St.119d agobearish
Atlassian Outage And Restructuring Put AI Ambitions Under Investor Scrutiny

Atlassian (NasdaqGS:TEAM) is undergoing a broad restructuring program that includes reallocating resources and consolidating leases to support AI and enterprise sales investments. A recent public cloud infrastructure outage led to service degradation across multiple Atlassian products, raising fresh questions about reliability. These operational changes and service disruptions are drawing attention from investors focused on service stability and the company’s long term direction. For...

StockStory119d agobearish
Asana, Atlassian, and BlackLine Shares Are Falling, What You Need To Know

A number of stocks fell in the afternoon session after Intuit's plunge spread across the sector and reignited the thesis that generative AI is structurally undermining the legacy SaaS business model. Intuit Inc (NASDAQ:INTU) shares opened about 19% lower despite the company posting fiscal third quarter results that topped Wall Street expectations, as investors focused on a weaker long-term outlook for TurboTax and plans to cut roughly 17% of its workforce.