Has software stocks sell-off reached a bottom yet?
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Software stocks are experiencing a significant sell-off, termed “SaaSmageddon,” despite strong Q4 earnings. This decline has erased hundreds of billions in market value due to high valuations, increased capital expenditures, and fears of AI disrupting traditional business models. However, Citi's analyst Tyler Radke suggests that the worst may be over, indicating that the market is nearing a bottom.
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