Workday, Qualys, RingCentral, Sprout Social, and DigitalOcean Shares Are Falling, What You Need To Know
Shares of Workday, Qualys, RingCentral, Sprout Social, and DigitalOcean fell after investors grew concerned that the significant investments in artificial intelligence might not generate sufficient profits, leading to fears of an "AI bubble." This sentiment was exacerbated by chipmaker Broadcom's warning about thinner profit margins from increased AI system sales, causing a broader technology sector downturn. Despite the market overreaction, such price drops can present buying opportunities for high-quality stocks.
https://finance.yahoo.com/news/workday-qualys-ringcentral-sprout-social-194047137.html