Dan Ives Says Software Stocks Just Saw Their Most Disconnected Sell-Off Since the Late 1990s. Here's Why He's Still Bullish.

Tech analyst Dan Ives argues that the recent sell-off in major software stocks is disconnected from business fundamentals. Despite share price declines, Microsoft, ServiceNow, and Salesforce are reporting strong revenue growth and momentum in AI-related products. While heavy AI infrastructure spending and potential competition from AI agents pose near-term headwinds, analysts maintain long-term earnings growth estimates, suggesting the sell-off presents a buying opportunity.