The sell-off at Zoom (NASDAQ: ZM) is not an isolated event; it is the latest tremor in a broader structural realignment known as the "SaaSpocalypse." As of February 27, 2026, over $2 trillion in market capitalization has been wiped from the software-as-a-service (SaaS) sector since the start of the year.
Shares of cloud security platform Zscaler (NASDAQ:ZS) fell 14.9% in the afternoon session after the company reported mixed fourth quarter results. Sales and earnings per share came in ahead of expectations during the quarter.
Shares of social media management platform Sprout Social (NASDAQ:SPT) fell 12.6% in the afternoon session after Canaccord downgraded the stock and sharply cut its price target, citing concerns over the company's recent financial results.
Shares of search AI platform provider Elastic (NYSE:ESTC) fell 15.7% in the afternoon session after the company reported fourth-quarter results that topped Wall Street estimates for revenue and profit, but its outlook for a key growth metric disappointed investors.
As of February 26, 2026, the financial markets are witnessing one of the most aggressive sector rotations in recent memory. For over two years, the artificial intelligence trade was synonymous with silicon—a relentless bull run for the companies manufacturing the chips and building the data centers. But in the
A number of stocks jumped in the afternoon session after Nvidia CEO Jensen Huang dismissed fears that artificial intelligence would cannibalize the enterprise software sector.
A number of stocks jumped in the afternoon session after Nvidia CEO Jensen Huang dismissed fears that artificial intelligence would cannibalize the enterprise software sector.
A number of stocks jumped in the afternoon session after Nvidia CEO Jensen Huang dismissed fears that artificial intelligence would cannibalize the enterprise software sector.
A number of stocks jumped in the afternoon session after Nvidia CEO Jensen Huang dismissed fears that artificial intelligence would cannibalize the enterprise software sector.
A number of stocks jumped in the afternoon session after Nvidia CEO Jensen Huang dismissed fears that artificial intelligence would cannibalize the enterprise software sector.
A number of stocks jumped in the afternoon session after Nvidia CEO Jensen Huang dismissed fears that artificial intelligence would cannibalize the enterprise software sector.
A number of stocks jumped in the afternoon session after Nvidia CEO Jensen Huang dismissed fears that artificial intelligence would cannibalize the enterprise software sector.
A number of stocks jumped in the afternoon session after Nvidia CEO Jensen Huang dismissed fears that artificial intelligence would cannibalize the enterprise software sector.
A number of stocks jumped in the afternoon session after Nvidia CEO Jensen Huang dismissed fears that artificial intelligence would cannibalize the enterprise software sector.
A number of stocks jumped in the afternoon session after Nvidia CEO Jensen Huang dismissed fears that artificial intelligence would cannibalize the enterprise software sector.
In a definitive move that signals the end of its era as a simple video-conferencing tool, Zoom Video Communications (NASDAQ: ZM) reported its fourth-quarter and full-year fiscal 2026 results yesterday, February 25, 2026. The company posted a quarterly revenue of $1.25 billion, a milestone that underscores its successful pivot
