Apollo Asset Management: The software industry is entering a 'violent technological cycle,' with valuation logic undergoing a historic reset.

Apollo Asset Management has warned that the software industry, driven by the disruptive forces of artificial intelligence, is entering the early stages of an 'extremely volatile technological cycle.'

Zhitong Finance14:35

AI vs SaaS: Selling First, Asking Later – Is the Market 'Half Right'?

The trillion-dollar sell-off triggered by Anthropic has exposed market panic. Investors have misjudged the capability boundaries of AI, which, while able to erode the software application layer, struggles to shake the foundation of the 'system-of-record layer' that collects real-world data. According to a Barclays research report, the repricing of software stocks will continue, and investors need to differentiate between companies reliant on application-layer profits and those whose value is rooted in irreplaceable system-of-record layers.

wallstreetcn18:28

AI panic triggers a 'mass exodus' in software stocks; has Wall Street overreacted?

Growing concerns on Wall Street about "AI disrupting the software industry" have triggered a fierce sell-off in the software sector. However, some analysts suggest that this may be a case of "misguided panic," and that established software giants could instead leverage the situation to evolve further.

Golden10 Data16:54

From Goldman Sachs to Blackstone, Wall Street giants are showing their support: software will not collapse.

Executives from Goldman Sachs, Blackstone, Apollo, and KKR unanimously believe that the market's concerns about AI leading to the demise of the software industry are significantly exaggerated. While acknowledging that AI will bring about 'intense technological cycles' and disruptions, these institutions argue that large, well-established software companies will be protected and may even emerge as beneficiaries. Meanwhile, each firm clarified that their exposure to risk in the software sector remains manageable.

wallstreetcn07:58

"The pace of development is astonishing!" Musk praised Seedance 2.0, while ByteDance commented, "It is still far from perfect."

Following the release of ByteDance's video creation model Seedance 2.0, it quickly gained popularity overseas. Elon Musk commented on X, saying 'It's happening fast,' which further amplified market attention on the leap in video generation capabilities.

wallstreetcn15:39

Renowned hedge fund Lone Pine Capital: The AI bubble will not emerge until OpenAI goes public; instead of short-term speculation, focus on the global landscape over the next 3-5 years.

David Craver, Co-Chief Investment Officer of Lone Pine Capital, a renowned hedge fund managing over 19 billion US dollars in assets, shared his in-depth insights on current market structure changes, the progress of artificial intelligence (AI), and investment philosophy.

wallstreetcn12:00