How did software stocks that were hit by AI suddenly become the hottest names in the U.S. market?
Summary
This article argues that AI has not killed software companies; it has helped re-rate them. It highlights strong share-price rebounds in names like Snowflake, Datadog, Figma, and Okta after investors previously feared AI would bypass software. The piece says enterprises still need software layers for workflows, governance, identity, and industry-specific processes even as models improve. It also suggests AI creates new demand for software because agents need databases, CRM systems, access management, monitoring, and orchestration to work in real businesses. The overall message is that software vendors win when they turn AI capability into trusted, scalable business outcomes.
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Entertainment
applications
Anti Piracy
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Identity and Access Management
Cybersecurity Software
SaaS
