Browsing: fears

Shares of Salesforce Inc. jumped more than 13% in late trading after the customer relationship management software provider delivered strong second-quarter earnings and revenue and issued guidance that exceeded Wall Street’s expectations.

AI disruption fears are engulfing enterprise software Wednesday morning, and Intuit (NASDAQ:INTU | INTU Price Prediction) sits at the center of the reset after a fiscal 2027 outlook that lands well below what bulls hoped to hear. The concern spreading across enterprise software is that autonomous agents can hollow out incumbent workflows, from consumer tax…

Concerns that AI agents could take over the role of conventional software have driven a sharp decline in software stock prices. Executives are now resorting to buybacks, rebrands, and even AI-generated versions of themselves to win back confidence. The central worry is that customers will abandon expensive enterprise suites in favor of AI-driven tools, a…

Add to Google Preferred Sources Rosenblatt Securities initiated coverage on Shopify with a Buy rating and a $175 price target, arguing that fears about artificial intelligence disrupting the e-commerce platform are overstated. Analyst Scott Devitt highlighted Shopify’s co-development of the Universal Commerce Protocol with Google and Shop Pay as positioning the company to benefit from…