TLDR IT · MISCELLANEOUS
SOFTWARE STOCKS HIT 2026 HIGHS AS “SAASPOCALYPSE” FEARS FADE
Summary from the TLDR IT newsletter
US software stocks have climbed to fresh 2026 highs as strong results from companies including Salesforce and ServiceNow ease fears that AI would rapidly replace traditional SaaS. Analysts increasingly see AI as an enabler for established software vendors, although the longer-term threat from cheaper AI-built internal applications remains.