Software stocks have been in sell-off mode in recent weeks on fears that new AI tools will uproot their longstanding business models.
Shares of RingCentral and Five9 surged on Friday after earnings from both software firms alleviated recent fears that artificial intelligence is eating away at their business models.
RingCentral popped 34%, while Five9 rallied about 12% after topping… [1962 chars]
Source: CNBC | Published: 2026-02-20T18:59:52Z
Credit: CNBC
