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Market Impact: 0.35

Software stocks slide as Fortinet, ServiceNow fail to meet lofty investor expectations

Source: reuters.com

Corporate EarningsArtificial IntelligenceTechnology & Innovation
Software stocks slide as Fortinet, ServiceNow fail to meet lofty investor expectations

Software shares fell in premarket trading on Thursday after disappointing results from Fortinet and ServiceNow. The results intensified concerns about AI disruption affecting the software sector.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.35

Ticker Sentiment

FTNT-0.60
NOW-0.60

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