SaaS stocks have taken a hammering this year over fears AI will make some software obsolete, but earnings this week provided a more positive view.
Reports of the death of SaaS may have been greatly exaggerated.
Shares of software-as-a-service companies Atlassian, Twilio, and Five9 soared on Friday morning after reporting earnings beats on Thursday.
Each of the companies cited AI as a reason for... [2799 chars]