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The defensive stocks being handed to investors ‘on a silver platter’

The defensive stocks being handed to investors ‘on a silver platter’

Investors have become “too optimistic” and are increasingly ignoring downside risks across equity and credit markets, according to a Bank of America analyst, who highlighted two key defensive trades being handed “on a platter.” Speaking to CNBC’s “Squawk Box Europe” on Wednesday, Sebastian Raedler, head of European equity strategy at the bank, said European quality…

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Stocks making the biggest moves midday: NOW, CRM, LUV, CCL

Stocks making the biggest moves midday: NOW, CRM, LUV, CCL

Check out the companies making the biggest moves in premarket trading: ServiceNow — The software stock tumbled 11% despite the company’s better-than-expected fourth-quarter results. Morgan Stanley said ServiceNow’s report was “Good, but not good enough” to convince skeptical investors that the company’s business would continue to see robust growth in the face of competition from…

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Software stocks enter bear market on AI disruption fear with ServiceNow plunging 11% Thursday

Software stocks enter bear market on AI disruption fear with ServiceNow plunging 11% Thursday

ServiceNow Inc. signage during the Nvidia GPU Technology Conference in San Jose, California, on March 20, 2025. David Paul Morris | Bloomberg | Getty Images Software stocks on Thursday slid deeper into an ongoing intense sell-off this year as investors recoiled from the sector on growing fears that artificial intelligence could upend many firms’ business…

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