RingCentral (RING) and Five9 (FIVN) rally as AI fears settle

RingCentral (RING) and Five9 (FIVN) rally as AI fears settle

Pavlo Gonchar | Lightrocket | Getty Images Shares of RingCentral and Five9 surged on Friday after earnings from both software firms alleviated recent fears that artificial intelligence is eating away at their business models. RingCentral popped 34%, while Five9 rallied about 14% after topping Wall Street’s estimates and issuing upbeat guidance. Both companies, which provide…

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Amazon, Etsy, e-commerce stocks climb

Amazon, Etsy, e-commerce stocks climb

E-commerce stocks that were exposed to President Donald Trump’s far-reaching global tariffs rallied Friday, after the Supreme Court struck down a key pillar of the president’s economic agenda. In a 6-3 ruling, the court said Trump does not have the legal authority to impose tariffs under the International Economic Powers Act, the method by which…

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