US software stocks slide after SAP, ServiceNow results fuel AI disruption fears

U.S. software stocks fell on Thursday after SAP's cautious cloud outlook and a post-earnings drop in ServiceNow shares reinforced investor ​concerns about mounting competition from artificial intelligence-related companies.

Jan 29, 2026 - 19:00
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US software stocks slide after SAP, ServiceNow results fuel AI disruption fears
U.S. software stocks fell on Thursday after SAP's cautious cloud outlook and a post-earnings drop in ServiceNow shares reinforced investor ​concerns about mounting competition from artificial intelligence-related companies.

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