Categories: Tech & Auto

Software stocks slide as Fortinet, ServiceNow fail to meet lofty investor expectations

Oct 29 (Reuters) – Shares of software companies tumbled in premarket trading on Thursday following disappointing results from Fortinet and ServiceNow, deepening worries about AI disruption that has

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Share
Published by
Indianews Syndication

Recent Posts

Bristol Myers raises 2026 revenue forecast, lowers EPS due to charge

(Corrects one-time in paragraph 2 to 58 cents from 60 cents) By Deena Beasley Oct…

11 seconds ago

STMicro lifts data centre revenue forecast after Q3 profit beat

By Nathan Vifflin and Fabrizio La Rocca Oct 29 (Reuters) - STMicroelectronics raised its 2026…

1 minute ago

BRIEF-Cerenome Completes Enrollment In Phase 2 Respect-Gbm Trial Of Reyobiq™ In Recurrent Glioblastoma

Oct 29 (Reuters) - Cerenome, Inc: * CERENOME COMPLETES ENROLLMENT IN PHASE 2 RESPECT-GBM TRIAL…

7 minutes ago

Court sets trial date for England striker Ivan Toney for June 2028

VIDEO SHOWS: ENGLAND STRIKER IVAN TONEY ARRIVING AND DEPARTING SOUTHWARK CROWN COURT / EXTERIORS OF…

8 minutes ago

Prediction market bets set the tone for Anthropic's much-awaited IPO

By Manya Saini Oct 28 (Reuters) - Prediction markets are seeing massive trades for Anthropic…

11 minutes ago

Prediction market bets set the tone for Anthropic's much-awaited IPO

By Manya Saini Oct 28 (Reuters) - Prediction markets are seeing massive trades for Anthropic…

12 minutes ago