ServiceNow, Salesforce and other software stocks surge as the OpenAI threat weakens
THE SO WHAT
Public markets are signaling that "AI will replace SaaS" is not the base case—ServiceNow and Salesforce rallying while Oracle lags on OpenAI exposure shows investors still value entrenched workflow and data moats over pure model adjacency. If you're an application vendor, the mandate is to integrate AI into your stack, not bet the franchise on being an LLM proxy.
READ THE SOURCE
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