IGV Bounces 5% But the SaaS Selloff May Not Be Over Yet

IGV Bounces 5% But the SaaS Selloff May Not Be Over Yet

One of the more volatile tech funds, the iShares Expanded Tech-Software Sector ETF (NYSEARCA:IGV) has bounced 5.13% over the past week, reversing after a collapse that left the fund down 18% year-to-date from a December 31 starting price of $105.69. Retail sentiment on Reddit has followed, flipping from deeply bearish in early February to a score of 66 as of March 5. The question investors are wrestling with: can the underlying SaaS business mod…

Software stocks rally even as the wider market undergoes turmoil. Finally time to get in?

The iShares Expanded Tech-Software Sector ETF (IGV) advanced almost 8% so far this week, while the S&P 500 is down a fraction.

The AI Panic Is Creating a Once-in-a-Decade Buying Opportunity

Software stocks are getting slaughtered — and some of the smartest money on Wall Street thinks the selloff has gone way too far. The numbers are ugly. Salesforce is down 33% in 2026. Shopify still trades at 80 times trailing earnings despite getting hammered. ServiceNow’s P/E ratio is north of 100. The entire iShares Expanded Tech-Software ETF has cratered nearly 19% this year. The fear? That AI tools have gotten so good they can replace the sof…