00:00It's Benzinga bringing Wall Street to Main Street
00:02Oracle Corp. shares traded higher on Tuesday as software stocks rebounded after Wall Street
00:07analysts said last week's AI-driven sell-off appeared overdone, according to Benzinga.
00:12JPMorgan strategists led by Debravko-Lakos-Bugis said investor positioning had been reset after
00:17sharp declines, creating an opportunity in higher-quality software names. The team said
00:22markets had priced in extreme AI disruption scenarios unlikely to materialize in the near
00:28term. Software stocks fell after Anthropic introduced new plug-ins for its Claude co-work
00:32agent, pushing the S&P 500 software and services index down as much as 17% over six sessions.
00:40Morgan Stanley cited improving revenue trends, earnings revisions, and sentiment-driven valuation
00:45pressure. Shares were up by 2.11% at $159.89 at Tuesday's close, according to Benzinga Pro.
00:53For all things money, visit Benzinga.com.
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