Software stocks swing as AI fears hit valuations; Atlassian and Twilio rally after earnings.

Software stocks experienced significant volatility last week amid investor uncertainty about AI's impact on the sector. Airtable was acquired at a fraction of its peak value, while HubSpot and Datadog shares fell sharply after earnings. However, Atlassian and Twilio posted strong quarterly results, boosting confidence in parts of the software industry. The mixed performance highlights ongoing concerns about AI reducing the value of traditional software products, but also shows resilience in companies adapting to the new landscape.