Software stocks finish their strongest month since 2001 as concerns about ‘SaaSpocalypse’ fade
Software Stocks Rally Amid AI Excitement The CEO of Snowflake, Sridhar Ramaswamy, is set to ring the closing bell at the New York Stock Exchange on September 30, 2025. It seems that the turmoil often referred to as “SaaSpocalypse” may not be fully over, but for now, worries about the software sector’s decline seem to […]
Hyundai is recalling 421,000 vehicles due to a software issue that leads to unintentional braking.
Hyundai has announced a recall impacting over 421,000 vehicles following a discovery by the National Highway Traffic Safety Administration (NHTSA) regarding a software glitch. This issue relates to the front camera, which could trigger the forward collision avoidance system too early. Essentially, this means that the brakes might engage unexpectedly, increasing the risk of an […]
Financial Software Company Intuit Reduces Workforce by 17% as It Adopts AI
Intuit Announces Significant Layoffs to Focus on AI Intuit, well-known for its popular financial software like TurboTax and QuickBooks, is planning to lay off approximately 3,000 employees, which amounts to about 17% of its workforce. This move is part of a strategic shift toward prioritizing AI integration into its products. According to an internal memo […]
Healthcare Software Company Owner Found Guilty of $1,000,000,000 Medicare Fraud Scheme
Health Splash Founder Convicted in $1 Billion Medicare Fraud Scheme A federal jury in the Southern District of Florida found Brett Blackman, the founder and owner of Health Splash, guilty of conspiracy related to defrauding Medicare, amounting to over $1 billion. Blackman, along with his accomplices, allegedly targeted vast numbers of Medicare beneficiaries, convincing them […]
Roku and TCL alleged to have harmed smart TVs through faulty software updates
A proposed class action lawsuit has been filed against Roku and TCL, alleging that a defective software update “bricked” thousands of smart TVs, rendering them frozen, stuck on black screens, or completely unusable. The complaint, lodged by plaintiff Terry Els in California federal court, accuses Roku and TCL North America of issuing flawed updates to […]
Only one software stock remains on Josh Brown’s Best Stocks list.
The Best Stocks in the Market Update As we celebrate the Kentucky Derby this weekend, let’s take a moment to look at some stock updates that are making waves. Last week, Casey’s General Stores (CASY) was admitted into the S&P 500 index, effective April 9, taking the place of Hologic. We predicted this change back […]
A vulnerability in Microsoft’s security software allows hackers to control your computer. Here’s how to safeguard it.
Microsoft Windows ranks as one of the most widely used operating systems globally, trailing only Android. With around a billion users across various sectors and interests, having strong security measures is vital for safeguarding personal data and files. However, a recently uncovered vulnerability in Microsoft Defender—built into Windows—could potentially give hackers unauthorized access to your […]
2 AI Stocks to Consider for Their 85% and 70% Growth Potential in a Software Downturn
While AI stocks are gaining traction in the market, the same can’t be said for software stocks, particularly in the Software-as-a-Service (SaaS) sector, which has been struggling this year without apparent signs of recovery. Many SaaS firms are still reporting strong revenue increases, which is great. But, interestingly, there are only a few non-SaaS companies […]
Meta employees upset about software monitoring their keystrokes and mouse movements
Employees at Meta are expressing strong concerns regarding a new internal tool designed to monitor clicks and keystrokes. This move aligns with the company’s broader focus on artificial intelligence. Internal messages reveal that staff were alarmed upon discovering the software’s purpose, which is to help train Meta’s AI systems by tracking mouse usage, typing habits, […]
Software stocks have joined the market upswing. There’s a timeless lesson in investing to be learned from this recovery.
In 2026, concerns about AI possibly displacing numerous companies in the enterprise sector have put cybersecurity and enterprise software stocks in the spotlight. After facing a tough period, these stocks bounced back last week as Iran recovered its losses from the US-Iran conflict. This rally included notable indices like the Dow Jones Industrial Average and […]