Software stocks continue to decline due to concerns over AI disruption, while chip stocks keep rising.

iShares Expanded Tech-Software Sector ETF fell by 2.8%, with a cumulative decline of more than 7% in three trading days. Among individual stocks, Cloudflare fell by 11%, Palo Alto Networks fell by 7.2%, ServiceNow fell by 8.5%, Datadog fell by 4.8%, RingCentral fell by 7.9%, HubSpot fell by 6.8%, Crowdstrike fell by 4.5%, Palantir fell by 2.6%, and Zscaler fell by 3.4%. Expand