short-covering rally

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BenzingaBenzinga··Erica Kollmann

SaaS Stocks Rally as Analysts Dismiss AI Agent Selloff as 'Overdone'

SaaS stocks rebounded Monday after AI concerns sparked selling. Analyst Dan Ives calls decline 'overdone,' predicting AI will expand software budgets as deployments scale.
ZSMETASNOWORCLORCLpD+4enterprise softwareSaaS stocks