Retail inflows into software stocks hit record despite AI-disruption worries

Retail investors snapped up software and tech stocks following last week's heavy selloff, largely ​brushing aside worries that advances in artificial-intelligence models ‌could upend parts of the industry. Net inflows into BlackRock's iShares Expanded ‌Tech-Software Sector exchange-traded fund hit a record $176 million on a one-month rolling period as of Monday's close, according to data compiled by Vanda Research. The analytics firm said the ⁠flows were more than ‌double the peak seen in late 2024.