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Bloomberg

Software Gains as Guggenheim Says AI No ‘Death Knell’ for Sector

Wednesday, July 1, 2026


Software shares gained in premarket trading after Guggenheim upgraded three companies. Guggenheim stated that concerns artificial intelligence poses a threat to the sector are overstated.

Original reporting: https://www.bloomberg.com/news/articles/2026-07-01/software-gains-as-guggenheim-says-ai-no-death-knell-for-sector

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