As Wall Street punishes software stocks over AI concerns, Canva gets more acquisitive

From left, MangoAI’s Nirmal Govind, Canva Co-Founder and Chief Operating Officer Cliff Obrecht and MangoAI’s Vinith Misra. Canva Software stocks have been hammered in recent weeks as investors worry about threats from artificial intelligence. In the startup world, Canva has been among the highest fliers due to its popularity with designers, but that market is … Read more

Beaten-down software stocks RingCentral and Five9 rally as earnings quell some AI concerns

Pavlo Gonchar | Lightrocket | Getty Images Shares of RingCentral and Five9 surged on Friday after earnings from both software firms alleviated recent fears that artificial intelligence is eating away at their business models. RingCentral popped 34%, while Five9 rallied about 12% after topping Wall Street’s estimates and issuing upbeat guidance. Both companies, which provide … Read more

Traders brace for Trump’s new tariff plan, possible Iran attack and Nvidia earnings

Wall Street next week is bracing for President Donald Trump’s new tariff plan following Friday’s Supreme Court ruling, at the same time as traders scan for escalating tensions with Iran and look ahead to Nvidia ‘s latest financial results. Stocks swung between gains and losses on Friday after the high court ruled that Trump wrongfully … Read more

The AI trade has entered a puzzling phase. Do we know who the winners are anymore?

All hail Anthropic, the destroyer of everything. What an amazing service. It can wipe out Adobe by allowing you to design something better that has a much simpler commerce system, designed personally for you. That one is child’s play. ServiceNow may call itself the “AI Control Tower” to signify who is in charge, but the … Read more

Here are 3 factors that drove the big swings in the stock market last week

It was a tale of two markets last week: Industrials surged while financial and tech names buckled under the growing weight of artificial intelligence fears. A mixed bag of economic data complicated matters further. Although the S & P 500 bounced slightly Friday following an inflation print that bolstered the future case for lower interest … Read more

Amazon’s Ring cancels Flock partnership amid Super Bowl ad backlash

Ring security cameras are displayed on a shelf at a Target store on June 01, 2023 in Novato, California.  Justin Sullivan | Getty Images Ring is terminating its partnership with police tech provider Flock Safety, the Amazon-owned company announced Thursday. The partnership between Flock and Ring came under scrutiny after the Amazon doorbell company ran … Read more

Salesforce employees call on CEO Benioff to cancel ICE ‘opportunities’

Salesforce CEO Marc Benioff participates in an interview at the World Economic Forum in Davos, Switzerland, on Jan. 21, 2026. Chris J. Ratcliffe | Bloomberg | Getty Images Over 1,400 Salesforce employees have signed a letter calling on CEO Marc Benioff to drop potential business with the U.S. Immigration and Customs Enforcement agency, two people … Read more

Software experiencing ‘most exciting moment’ as AI fears hammer the stocks

Salesforce CEO Marc Benioff appears at the US-Saudi Investment Forum at the Kennedy Center in Washington on Nov. 19, 2025. Stefani Reynolds | Bloomberg | Getty Images Box CEO Aaron Levie says that in the 20-year history of his cloud software vendor, “this is the most exciting moment we’ve ever had.” Wall Street doesn’t see … Read more

Here is what caused the wild swings in our 34-stock portfolio last week

The S & P 500 closed lower on Friday but slightly higher for the week. It briefly topped 7,000 for the first time ever Wednesday. There was no storage of news: Ten portfolio names, including three of our megacaps, reported earnings throughout the week; the Federal Reserve held interest rates steady on Wednesday; software stocks … Read more

AI startup Replit launches feature to vibe code mobile apps

Artificial intelligence coding startup Replit is now letting users create and publish mobile apps for Apple devices using only natural language prompts, the latest evolution in so-called vibe-coding. Additionally, Replit is nearing new round of funding that would value the startup at $9 billion, a source familiar with the matter told CNBC. The Mobile Apps … Read more