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Explained: Why are software stocks plunging?

Author
Newstalk ZB,
Publish Date
Wed, 4 Feb 2026, 8:03pm

Explained: Why are software stocks plunging?

Author
Newstalk ZB,
Publish Date
Wed, 4 Feb 2026, 8:03pm

Software stocks have taken a dive, and it's prompted concern among economists.

This follows a difficult month for the sector, with many of them seeing their shares drop by 40 percent as a result of AI.

Milford Asset Management's Michael Luke explained further.

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