NEW YORK, Feb 5 (Reuters) - Wall Street's "Software-mageddon" has been snowballing. Now investors are debating whether it is time to warm up to the beaten-down stocks.
The fallout for the software industry, which includes a handful of signature stocks of the recent bull market, reflects growing anxiety over the potential disruption caused by artificial intelligence, as investors increasingly divide the sector into perceived winners and losers. The volatility also comes as investors shed tech holdings for other market areas that have mostly lagged in recent years while investors await quarterly updates during the heart of corporate earnings season that could further shake asset prices.
