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Full article on Yahoo Finance
US software stocks slide after SAP, ServiceNow results fuel AI disruption fears
Market Intelligence Analysis
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Why This Matters
US software stocks declined after SAP and ServiceNow's earnings reports fueled concerns about AI-related competition, leading to drops in shares of ServiceNow, Salesforce, Adobe, and Datadog.
Market Impact
Market impact analysis based on bearish sentiment with 90% confidence.
Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
U.S. software stocks fell on Thursday after SAP's cautious cloud outlook and a post-earnings drop in ServiceNow shares reinforced investor concerns about mounting competition from artificial intelligence-related companies. ServiceNow dropped 9.6% despite forecasting annual subscription revenue above Wall Street estimates. The double-whammy dragged Salesforce shares down 5.6%, while Photoshop maker Adobe and cloud security firm Datadog fell 3.1% each.
Original article published by
Yahoo Finance
on January 29, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.