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Software stocks enter bear market on AI disruption fear with ServiceNow plunging 12%

By CNBC | 1 min read

Software stocks enter bear market on AI disruption fear with ServiceNow plunging 12%

The iShares Expanded Tech-Software Sector ETF is on pace for its biggest one-day decline since April 4 during the tariff-triggered downturn.

# Software stocks enter bear market on AI disruption fear with ServiceNow plunging 12% The iShares Expanded Tech-Software Sector ETF is on pace for its biggest one-day decline since April 4 during the tariff-triggered downturn. **Read the full article:** [CNBC](https://www.cnbc.com/2026/01/29/software-stocks-enter-bear-market-on-ai-disruption-fear-with-servicenow-plunging-11percent-thursday.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*