U.S. software stocks fell on Thursday after SAP’s cautious cloud outlook and a post-earnings drop in ServiceNow shares reinforced investor ​concerns about mounting competition from artificial intelligence-related companies.
Source: https://www.reuters.com/business/us-software-stocks-slide-af…
T-Mobile and Otis Worldwide are attractively valued companies with strong fundamentals and dividend growth potential. TMUS offers robust double-digit growth forecasts, a low payout ratio, and significant upside to a $393 price target by 2028. Otis faces near-term margin pressures due to China headwinds but still expects high single-digit earnings growth for 2025.
7.18am: FTSE facing slow start The FTSE 100 is predicted to get off to a slow start on Wednesday, while the price of gold continues to outperform the stock market and reach new heights. On the futures market, the UK equity index has been called five points lower, after yesterday gaining almost 59 points to close at 10,207.80, within touching distance of recent record highs.
Artemis is a long-term NASA program, so it seems likely that some companies involved will benefit for some time. Artemis contracts could move the needle more on smaller companies’ financials than on those of the massive prime contractors.
