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News 2026-07-02 20:26 UTC

Software's AI Death Knell Is a Hallucination, Guggenheim Says

The stock market keeps setting new records, yet the software segment trades as if it is headed for extinction. Guggenheim Securities calls that divergence the buying opportunity of a career and the fear driving it a hallucination. Software — as tracked by the iShares Expanded Tech-Software Sector ETF (NASDAQ: IGV ) — i