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Market Impact: 0.35
Software stocks slide as Fortinet, ServiceNow fail to meet lofty investor expectations
Source: The Globe and Mail
Corporate EarningsTechnology & InnovationArtificial IntelligenceInvestor Sentiment & Positioning
Software shares fell in premarket trading Thursday after disappointing results from Fortinet and ServiceNow. The declines intensified concerns that AI could disrupt the software sector; the article provides no share-price or earnings figures.
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Overall Sentiment
mildly negative
Sentiment Score
-0.35
Ticker Sentiment
FTNT-0.65
NOW-0.65
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