Repricing Risk and Market Rotation in the Face of Uncertainty
By Ellen Hazen, CFA®, Chief Market Strategist Artificial intelligence (AI) announcements triggered significant declines across various software and services stocks as markets repriced future revenue durability Software valuations had already been under pressure since late 2025; AI-enabled insourcing threatens Software-as-a-Service (SaaS) pricing power and volume assumptions Private credit markets are feeling second-order effects, particularly in […]