Jonathan Dane, Founder & CIO at Defiant Capital Group, was quoted in Bloomberg this week as part of their coverage on beaten-down software stocks and the AI disruption trade.
The piece examines a sharp three-day rebound in software names, including Oracle, Palantir, and Salesforce, following an extended selloff driven by fears that AI companies like Anthropic and OpenAI will permanently erode the sector’s pricing power and margins. The iShares Expanded Tech-Software ETF (IGV) remains down more than 22% year-to-date in 2026, even after this week’s bounce.
Jonathan was featured alongside commentary from strategists at other financial institutions as the market debates whether software stock valuations have finally become cheap enough to act on.
According to Jonathan, the selloff has created a real opportunity in select names, but investors need to think carefully about what they’re buying: “Fundamentals aren’t all bad within software. But all of the stocks are being lumped into the same disruption narrative.” He added that while he expects continued volatility in the software sector…
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Read the full Bloomberg article here: https://www.bloomberg.com/news/articles/2026-04-15/wall-street-goes-bottom-fishing-in-beaten-down-software-stocks?utm_source=website&utm_medium=share&utm_campaign=copy
