In early February, U.S. tech stocks narrowly escaped a scare triggered by fears that "AI software might be replaced." Although the partnership between AMD and Meta restored some confidence yesterday, the market remains on edge.
Over the past three months, software stocks have endured a "massacre." Investors previously assumed that AI Agents would act like bulldozers, leveling traditional software companies. However, a recent presentation by AI giant Anthropic shifted the narrative: Claude no longer aims to be the "Terminator"; it wants to be a "Partner."
Market Status: From "Universal Hype" to "Selective Picking"
Recent price action shows a shift in the market's attitude toward AI:
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Focus on Efficiency, Not Just Growth: Previously, simply mentioning "AI" sent stock prices up. Now, if your AI investment is high and revenue generation is slow, the market responds with an immediate sell-off.
$CoreWeave, Inc.(CRWV)$: The market focuses on CoreWeave’s plan to raise $8.5 billion.
Credit & Interest: With a B+ rating, can it leverage Meta’s credit backing to lower interest rates? If financing hits a snag (e.g., rumors of failed $4 billion talks with Blue Owl), its high leverage could become a market nightmare. Whether it can reach the 850MW computing power target by the end of 2026.
$Salesforce.com(CRM)$: Is Anyone Actually Paying for AI?
All eyes are on the $550 million ARR (Annual Recurring Revenue). This is the litmus test for "AI software monetization." If numbers miss, the market will fear AI is "cannibalizing" traditional subscriptions rather than driving growth.
Whether FY2026 revenue guidance can maintain double-digit growth. If it drops to single digits, fears of a "SaaSpocalypse" (Software Apocalypse) will intensify.
$Snowflake(SNOW)$: Is "Data Consumption" Rebounding?
Previous slowdowns worried the market. Investors want to see growth above 25%–28%. Anything less suggests that after buying chips, companies aren't actually busy processing data.
RPO expected between $8.8B – $9.0B. This reflects future spending intent and is key to determining if AI demand is "phantom heat" or real.
Note: Former darling $C3.ai, Inc.(AI)$ also reports after the bell tonight.
Can AI stocks assure the market rally?
Who will prove themselves in the new AI era?
Leave your comments to win tiger coins!
Comments
I’m closely watching $CoreWeave, Inc.(CRWV)$ , $Salesforce.com(CRM)$ and $Snowflake(SNOW)$ . CoreWeave’s leverage and funding plans test infrastructure sustainability. Salesforce’s AI ARR shows whether customers are truly paying for AI. Snowflake’s consumption and RPO trends reveal if enterprise AI demand is real or just experimentation.
In my view, AI stocks can still support the rally — but only selectively. This is no longer about universal hype; it’s about execution. The winners will be those turning AI into durable revenue and cash flow, not just headlines.
@Tiger_comments @TigerStars @TigerClub
Claude is the partner, the intelligence layer SaaS never had. Claude plugs into platforms like Snowflake, Salesforce & CoreWeave to make them faster, smarter & more intuitive.
Snowflake becomes not just a data warehouse but a conversation.
Salesforce becomes not just a CRM but a relationship brain.
CoreWeave becomes not just GPU infrastructure but an AI accelerated engine.
Claude also pushed SaaS companies to rethink their entire product philosophy. No more "click here, drag there".
AI is becoming the interface & SaaS must adapt or be left behind.
Claude thrives when it sits on top of SaaS, orchestrating workflows across apps. It is the conductor, not the orchestra.
SaaS is not history. It is getting Claude as a partner to make it better.
@Tiger_comments @TigerStars @TigerClub
The market is currently caught in a tug-of-the-war between massive capital investment and high expectations.
The Bull Case: Big Tech's commitment to AI is unwavering; combined capital expenditures for AI infrastructure are projected to exceed $600 billion in 2026 alone.
The Reality Check: High interest rates and rich valuations mean any earnings miss triggers sharp sell-offs, as seen with the recent rotation into "old economy" sectors.
The Consensus: AI will likely drive the next leg of the rally, but it will be narrower, favoring companies that prove AI is increasing their profit margins.
Focus on Efficiency, Not Just Growth: Previously, simply mentioning "AI" sent stock prices up. Now, if your AI investment is high and revenue generation is slow, the market responds with an immediate sell-off.
This phenomenon is not uncommon in U.S. technology stocks-even if earnings exceed expectations, investors may still be cautious about future guidance or valuations, leading to stock price adjustments after hours or the next day.