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With some on the Street nicknaming the recent software selling as "SaaS-pocalypse," Bobby Ocampo joins Morning Movers to discuss the real impact AI tools have on the overall space. He says cybersecurity stocks will actually benefit in the new wave of AI adoption, indicating that is a position of the software group to monitor. Bobby says there's an "overcorrection" occurring among the publicly traded software names, but cautions that these companies need to utilize these AI tools while they still have "an early lead."
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Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D
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By Schwab NetworkWith some on the Street nicknaming the recent software selling as "SaaS-pocalypse," Bobby Ocampo joins Morning Movers to discuss the real impact AI tools have on the overall space. He says cybersecurity stocks will actually benefit in the new wave of AI adoption, indicating that is a position of the software group to monitor. Bobby says there's an "overcorrection" occurring among the publicly traded software names, but cautions that these companies need to utilize these AI tools while they still have "an early lead."
======== Schwab Network ========
Empowering every investor and trader, every market day.
Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about