The Great AI Reshuffle of 2026: What's Behind the Recent Slump in Software Stocks?

The North American Tech-Software iShares ETF (IGV) has hit a rough patch in early 2026. What’s the cause? A classic case of expectation meeting reality. For two years, the software sector bid up on the promise of artificial intelligence (AI) integration. Now, in the first earnings season of 2026, investors are demanding to see the receipts. The result has been a violent rotation away from general software providers and toward hardware and specialized AI winners. More News from Barchart As of late Janua ...