svper.ai #4

The S&P 500 software and services index fell nearly 4% this week, wiping out about $830 billion in market value since January 28. An ETF tracking the software industry had its worst day since April, slumping 5.69% on Tuesday alone.

Yahoo Finance

Nvidia CEO Jensen Huang argued that AI will enhance existing software tools rather than replace them. He pointed to providers running mission-critical enterprise workloads — such as Oracle and ServiceNow — noting the depth of their data and entrenched role in customer workflows makes them more likely to coexist with AI than be displaced.

Motley Fool

ServiceNow delivered one of the most significant "beat and raise" performances in the enterprise software sector this decade, surpassing analyst expectations and raising its outlook for the ninth consecutive quarter. Yet the stock still fell 11% — a stark reminder of how broadly the sentiment shift against SaaS valuations has taken hold.

Wedbush

The core question driving the selloff: can general-purpose AI agents replace the specialized workflows that SaaS companies have spent years building? Some analysts see a structural shift in how enterprises buy software, while others argue the per-seat licensing model powering the SaaS economy still has staying power for mission-critical workloads.

CNBC