the iShares Expanded Tech-Software Sector ETF
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Analysis:Software stocks bounce back - now comes the hard part
Analysis:Software stocks bounce back - now comes the hard part June 3 : Software stocks have rebounded from a punishing selloff as investors are betting that AI may boost the sector rather than leaving it for dead. The iShares Expanded Tech-Software Sector ETF has surged nearly 42 per cent from its April low, turning fears that AI would rip the heart out of the industry into hopes that software firms will enlist AI as a valuable ally. The software ETF is down under 2 per cent for 2026 after...
Software stocks just passed a big milestone
Could it be "SaaSpocalypse Never?" Software stocks are surging back from an artificial intelligence-driven sell-off that saw the group shed almost 40% from highs last year, rallying about 6% Monday in a surge that brought the year-to-date performance in the iShares Expanded Tech-Software Sector ETF (IGV) into positive territory for the first time. The fund is now less than 9% below its all-time high from September after a 44% rally off its April low.
Retail investors fuel record buying in US software ETF as AI trade broadens
Retail investors fuel record buying in US software ETF as AI trade broadens June 2 : The largest exchange-traded fund (ETF) tracking U.S. software stocks clocked the biggest single-day buy-in by retail investors on record on Monday, data from Vanda Research showed. Software stocks have largely recovered their losses from earlier this year when fears of industry-wide disruptions due to the rise of AI gripped the sector, though volatility still persists. • Mom-and-pop traders bought stock...
The 'SaaSpocalypse' is over, says private equity giant Thoma Bravo. Here's why it sees an AI boom for software
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