SAAS

Atlassian Corp. (NASDAQ:TEAM) reported third-quarter results after Thursday’s closing bell, beating Street estimates on the top and bottom lines.  Here's a look at the details inside the report.  TEAM stock is moving. Watch the price action here. Atlassian Q3 Details       ...

Thoma Bravo is inching closer to a deal that would transfer control of software provider Medallia to its lenders, effectively erasing $5.1 billion tied to the private equity firm. Medallia is an AI-driven experience management platform that helps companies capture, analyze, and act on customer and...

Unity Software Inc (NYSE:U) shares fell on Thursday. The decline comes despite the S&P 500 gaining 0.08%. The downward move appears driven by intense sector-wide pressure rather than company-specific news. • Unity Software stock is taking a hit today. Why is U stock dropping? AI Concerns...

Salesforce Inc. (NYSE:CRM) shares are trading higher on Monday. CEO Marc Benioff took to X to tout the success of the company’s Agentforce AI platform. The Nasdaq is down 0.57% while the S&P 500 has shed 0.34%. •  Why is CRM stock advancing? Benioff Counters Software Bears Benioff...

Snowflake Inc (NYSE:SNOW) shares are trading higher on Monday. The stock is gaining traction even as the Nasdaq falls 0.69% and the S&P 500 sheds 0.41%. Investors are rotating back into growth-oriented cloud and software names. This follows a prolonged “SaaSpocalypse” sell-off that...

Mark Benioff, CEO of Salesforce Inc. (NYSE:CRM), refuted the “software bears” who predict a bleak future for the software industry. Benioff’s rebuttal on X, on Monday, comes amid the impressive performance by Agentforce at Pearson and PenFed. At Pearson, Agentforce has been...

Software stocks are closing out a standout week, with the iShares Expanded Tech-Software Sector ETF (NYSE:IGV) surging more than 14% over the past five sessions — a sharp rebound after a brutal early-April selloff that had dragged the sector to multi-month lows. CRM stock is moving. See the chart...

SaaS stocks were trying to stage a modest rebound on Monday after a rough stretch, with some high‑profile names finally participating in what Jim Cramer called the "software empire" attempts to strike back. ORCL stock is climbing. See the chart and price action here.  From SaaSpocalypse To A...

Wall Street is climbing a wall of worry on the last day of the week. The Nasdaq 100 is on track to log its eighth consecutive session of gains — the longest winning streak since September 2025 — even as the University of Michigan’s consumer sentiment index crashed to an all-time record low...

SaaS and AI‑adjacent software names were back in the crosshairs Thursday, with Salesforce Inc. (NYSE:CRM), Cloudflare Inc. (NYSE:NET), Snowflake Inc. (NYSE:SNOW), Microsoft Corp. (NASDAQ:MSFT), Zscaler Inc. (NASDAQ:ZS) and ServiceNow Inc. (NYSE:NOW) all trading sharply lower as investors bailed out...

Deutsche Bank's (NYSE:DB) U.S. distressed products group brought in more than $100 million in profits in the first quarter of 2026 on short-selling software companies’ debts. • Deutsche Bank stock is taking a breather. What’s next for DB stock? Long positions in...

Oil's blistering rally and crypto's stumble made the first quarter of 2026 feel like a regime change rather than a routine quarter.  USO shares are climbing. See the chart and price action here.  Oil, as proxied by the United States Oil Fund ETF (NYSE:USO), surged roughly 84% in Q1,...

Hedge fund manager Eric Jackson, best known for his ultra-bullish call on Opendoor Technologies Inc. (NASDAQ:OPEN), is taking a bearish stance on SaaS stocks and he's betting against some of the biggest names.  NVDA stock is climbing. See the chart and price action here. SaaS Shorts In a...

The software sector is undergoing a correction, particularly within the software-as-a-service (SaaS) industry, as AI threatens its business model.  ADBE stock is moving. See the chart and price action here.  Major players like Salesforce, Inc. (NYSE:CRM) and Adobe, Inc. (NASDAQ:ADBE) are facing...

Despite the unpredictable wildcard of an Iran war and concerns regarding software companies amid the rapid rise of fears around artificial intelligence (AI), Evercore Founder and Senior Chairman Roger Altman remains optimistic about the U.S. economy, noting that foundational strengths and...