Software volatility won't 'go away' anytime soon: Citi strategist
Market Intelligence Analysis
AI-PoweredSoftware stocks are experiencing a sell-off due to AI-related fears, with Citi strategist Scott Chronert predicting volatility will persist in the sector.
Market impact analysis based on bearish sentiment with 85% confidence.
Article Context
Software stocks continue to sell off as artificial intelligence (AI)–related fears disrupt the broader market (^DJI, ^IXIC, ^GSPC). Citi head of US equity strategy Scott Chronert sits down with Market Catalysts host Julie Hyman to discuss his outlook for the software sector and sell-off. Watch the video above to hear more about the sell-off and where investors see the AI model race going by the end of March. For more predictions market insight, check out the new Yahoo Finance Polymarket Hub. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts.
Analysis and insights provided by AnalystMarkets AI.