YahooAugust 12, 2026 at 4:45 PM NY23 days ago
Palantir and Microsoft Drop. Why the AI Revival Is Hitting Software Stocks.
Palantir slid 2.2% and Microsoft dipped 2.3%. Salesforce ServiceNow and Workday were among the other software stocks trading in the red. The moves came as shares of chip and optical networking companies rallied, following a strong batch of earnings reports that signaled to the market that demand for AI remains robust.
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