Software stock bulls are still making a lethal assumption

The future isn't guaranteed to be bright and profitable for any one person or company. That could prove especially true for one-time untouchable software companies currently being battered by frequent AI advances from the likes of OpenAI (OPAI.PVT), Google (GOOG, GOOGL), and Anthropic (ANTH.PVT). Software companies such as Workday (WDAY) and Salesforce (CRM) are facing existential crises to their stock prices — yet the Wall Street bulls still don't appear to be getting the ultimate picture. That could ...