Gate News message, April 23 — U.S. AI application software stocks declined broadly following earnings announcements. ServiceNow fell over 14%, while Atlassian dropped more than 10%. Salesforce, Adobe, and Figma each fell over 8%, with Workday declining over 7%.
Snowflake slid over 6%, Applovin fell over 5%, and Palantir declined over 4%. Microsoft also retreated 3.5%.
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