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‘This Is a Great Buying Point,’ Says Analyst About These 2 ‘Strong Buy’ Software Stocks

A few years ago, the cloud transformed how companies use software. The shift moved users from purchasing licenses to subscribing to services, giving rise to the cloud-based software-as-a-service model. Now, we’re witnessing another major shift in the software landscape — the rise of generative AI technology. It’s making waves, and it remains to be seen exactly how they’ll crash ashore. One thing has become clear – the changes in the software industry are creating opportunities for investors. Cov

S&P 500 buyers step in ahead of Fed meet despite narrow breadth

(Bloomberg) -- While concern has grown in the past week that narrowing market breadth has tapped the brakes on the S&P 500 Index’s blistering rally, it turns out that stock bulls are still stepping in to snap up shares ahead of the Federal Reserve’s interest-rate decision.Most Read from BloombergHow California Sees the World, and ItselfThe index’s DVAN trend line — a proprietary divergence analysis that measures buying or selling pressure — has been on a buying streak since Election Day, with in