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SaaS Stocks Rally as AI Fears Subside, CRM Takes the Lead

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Source: Benzinga
SaaS Stocks Rally as AI Fears Subside, CRM Takes the Lead
Photo: Benzinga
TL;DR

SaaS stocks attempted a modest rebound after a brutal selloff fueled by AI concerns, with Oracle rallying nearly 9% and Salesforce, ServiceNow, Cloudflare, Snowflake and Zscaler rebounding alongside broader buying interest; Dan Ives argued the decline was overdone, while Jim Cramer celebrated a “software empire strikes back” as investors rotate back into marquee software names.

Topics:businessmarkets#ai#markets#saas#software#stocks
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  1. SaaS Stocks Try To Recover — 'Software Empire Strikes Back'  Benzinga
  2. Oracle pops nearly 12%, leading bounce back rally in software stocks  CNBC
  3. Oracle Stock Leads the S&P 500 Today After AI Announcement  Barron's
  4. Utilities Achieve Large-Scale Customer Engagement and Results with Oracle  Oracle
  5. Hedge Funds Are Heavily Shorting This AI Stock: Should You Buy, Wait, or Avoid?  The Motley Fool

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