While the broader market held its ground, the software sector didn't just leak—it hemorrhaged. $Palantir Technologies Inc.(PLTR)$ , $Salesforce.com(CRM)$ and $AppLovin Corporation(APP)$ all tumbled in a move that signals a massive shift in market structure.What’s happening?OpenAI & Anthropic threats software againTwo major announcements acted as the "last straw" for investors yesterday:OpenAI’s Revenue Pivot: CRO Diane Drexel revealed that enterprise business now accounts for over 40% of OpenAI’s revenue, on track to match consumer revenue by year-end. With Codex hitting 3 million weekly active users, the message is clear: the AI giants are eating the lunch of
Palantir Extends Three-Day Rebound — Is the Bottom Confirmed?
Palantir rose 2.52% to $135.70, extending a three-day recovery of over 9% as the $123.77 support level holds and the bull thesis that the prior selloff was overblown gains market traction. Michael Burry's bearish conviction remains unresolved, with $140 as the key near-term resistance; a clean break above would formally signal a bottoming reversal. Will Q1 earnings become the moment that definitively refutes Burry's bear case?
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