Software Slumps as Salesforce, Adobe Dive 5% 01/06/26
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Software Slumps as Salesforce, Adobe Dive 5% 01/06/26
Key Stories:
- Shares of enterprise software and AI agent innovator Salesforce (NYSE:CRM) along with creative software titan Adobe (NASDAQ:ADBE) are starting the first trading day of the year with a steep 5% decline. This drop signals a continuation of the trend from 2025, which saw software stocks face significant headwinds as investors grappled with the evolving, disruptive impact of artificial intelligence. The immediate market reaction suggests lingering uncertainty within the software sector. Investors will be keenly watching if this initial plunge represents a buying opportunity or a signal for further softness. Read more
- The 5% plunge in Salesforce and Adobe stock also casts a shadow over the broader software sector as 2026 kicks off. While both companies are leaders in their respective fields, their shared decline highlights the persistent concern over how AI innovation will reshape business models and potentially compress margins for established players. The “nasty year” for software stocks in 2025 appears to be extending into the new year, putting pressure on management teams to articulate clear strategies for leveraging AI rather than being disrupted by it. This is a critical period for assessing the long-term resilience of these tech giants. Read more
- Meanwhile, Australian-listed Weebit Nano (ASX:WBT) saw its shares plummet 15.9% despite announcing a significant licensing deal with Texas Instruments, the semiconductor giant. In late 2025, Weebit Nano licensed its resistive random access memory, or ReRAM, technology to Texas Instruments, enabling its integration into TI’s advanced embedded processing nodes. This agreement, which covers IP licensing, technology transfer, and qualification for demanding automotive-grade conditions, validates Weebit Nano’s low-power non-volatile memory solution. The paradox of a strong validating deal leading to such a sharp stock decline suggests investor concern possibly linked to the timing of their 2026 revenue target or broader market sentiment regarding early-stage tech plays. Read more
Keywords: ADBE, AI disruption, AI innovation, Adobe, CRM, ReRAM, Salesforce, Texas Instruments, WBT, Weebit Nano, automotive, business models, creative software, enterprise software, licensing deal, market sentiment, non-volatile memory, revenue target, semiconductor, software sector, software stocks, stock decline, stock plummet, stock plunge, tech giants