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US software stocks slip again as IBM and ServiceNow results stoke AI disruption fears
Technology
Published on 24 April 2026
Earnings spark fears that AI could reorder the market
US software stocks were down in premarket trading as IBM and ServiceNow reported quarterly results that intensified worries about AI-driven disruption. Investors appear concerned that new AI capabilities could reshape workflows, pricing, and competitive dynamics across the sector, driving renewed caution even among companies seen as major beneficiaries of automation and machine learning.
- US software stocks fell in premarket trading
- IBM and ServiceNow results revived AI disruption fears
- Investors worry AI may shift competition and demand
- Market reaction signals sensitivity to AI outlook
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times