Compelling risk-reward ratio for adding exposure to software stocks, says Raymond James' Javed Mirza

Javed Mirza, Raymond James technical strategist, joins 'The Exchange' to discuss the state of software stocks, the technical indicators around them and much more.
EuropaWire

AVL RACETECH Strengthens Collaboration with Ed Carpenter Racing Through Advanced Vehicle Simulation Technologies

AVL RACETECH and Ed Carpenter Racing have expanded their collaboration into an official technical partnership, with AVL becoming the team’s Official Dynamic Vehicle Simulation Partner in the NTT ...

Why has the software sell-off been so extreme? Look to this arcane way to value stocks

Uncertainty around the long-term viability of software business models has major ripple effects on today's stock prices.

Will software engineering profession die in the age of AI? IBM stock bleeds as Claude Code writes COBOL scripts. What it means for techies

AI agents like Claude Code are reshaping software development by automating legacy modernisation and routine coding. A recent ...

IBM's $40B stock wipeout is built on a misconception: Translating COBOL isn't the same as modernizing it

Investors wiped $40 billion from IBM's market cap after Anthropic released COBOL translation tools. Analysts say the market ...

After IBM's worst day on stock market, IBM senior vice-president Rob Thomas to everyone betting on AI: New AI tools emerge every week, what they do not change …

IBM or International Business Machines Corp had its worst day on stock market in more than 25 years on Monday, February 23.

Anthropic’s COBOL tool triggers worst single-day drop in 25 years in IBM's stock price: What it is and why it wiped billions of dollar for IBM

IBM shares suffered their worst single-day drop in over 25 years on Monday, February 23 after AI startup Anthropic announced ...

Top worst performing software stocks YTD as potential AI impact looms

Software stocks slide after AI “Global Intelligence Crisis” memo—see 10 bullish Quant-rated names ranked by YTD performance plus key software ETFs.
EconomyNext

Sri Lanka stocks trend up in midday trade, interest in Melstacorp

Melstacorp disclosed that it has divested 2,000,000 shares from its current shareholding of 4,252,264,664 shares in the Distilleries Company of Sri Lanka PLC. Melstacorp stock was up 1.79 percent at ...