Why a ’legacy’ fax stock doubled while AI software stocks sank
Published . Updated .
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This report is about AI and big tech and software.
Directly affected
- No company is named in this report.
Indirectly affected
- QQQ Invesco QQQ-9.8% 30d
Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- AIQ Global X Artificial Intelligence & Technology ETF-6.1% 11d
Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- IGV iShares Expanded Tech-Software ETF
iShares Expanded Tech-Software ETF: it holds software companies. Linked by “software” (software) in this story.
- MSFT Microsoft+1.6% 30d
Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
- ORCL Oracle-7.9% 30d
Oracle (prepackaged software): software firms move with business tech spending. Linked by “software” (software) in this story.
- GOOGL Alphabet-16.0% 30d
Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
- CRM Salesforce-7.9% 30d
Salesforce (prepackaged software): software firms move with business tech spending. Linked by “software” (software) in this story.
- META Meta Platforms-13.3% 30d
Meta Platforms (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| QQQ | -4.63% | -1.94% | base | after close | after close | after close | after close |
| AIQ | -4.31% | -1.83% | base | after close | after close | after close | after close |
| IGV | -2.57% | -1.13% | base | after close | after close | after close | after close |
| MSFT | +1.45% | +1.95% | base | after close | after close | after close | after close |
| ORCL | -8.69% | -7.20% | base | after close | after close | after close | after close |
| GOOGL | -4.68% | -3.77% | base | after close | after close | after close | after close |
| CRM | -1.81% | -1.88% | base | after close | after close | after close | after close |
| META | -2.15% | +2.87% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Why a ’legacy’ fax stock doubled while AI software stocks sank Investing.com
Source: Investing.com
This story
| Company | When | Move | Status |
|---|---|---|---|
| AIQ | three days earlier | -1.83% | final price |
| AIQ | five days earlier | -4.31% | final price |
| CRM | three days earlier | -1.88% | final price |
| CRM | five days earlier | -1.81% | final price |
| GOOGL | three days earlier | -3.77% | final price |
| GOOGL | five days earlier | -4.68% | final price |
| IGV | three days earlier | -1.13% | final price |
| IGV | five days earlier | -2.57% | final price |
| META | three days earlier | +2.87% | final price |
| META | five days earlier | -2.15% | final price |
| MSFT | three days earlier | +1.95% | final price |
| MSFT | five days earlier | +1.45% | final price |
| ORCL | three days earlier | -7.20% | final price |
| ORCL | five days earlier | -8.69% | final price |
| QQQ | three days earlier | -1.94% | final price |
| QQQ | five days earlier | -4.63% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Rohit Khanna sold Microsoft (MSFT) (held by a dependent child), worth $1,001 - $15,000 on 28 Oct 2026. That is 16 days before publication. Filed 5 Nov 2026. View the filing.
- Sen. Shelley M Capito sold Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 21 Oct 2026. That is 23 days before publication. Filed 4 Nov 2026. View the filing.
- Sen. Sheldon Whitehouse sold Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 15 Oct 2026. That is 29 days before publication. Filed 2 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Oracle (ORCL) (held by a dependent child), worth $15,001 - $50,000 on 13 Oct 2026. That is 31 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Oracle (ORCL) (held by a dependent child), worth $1,001 - $15,000 on 30 Sep 2026. That is 44 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Oracle (ORCL) (held by a spouse), worth $1,001 - $15,000 on 30 Sep 2026. That is 44 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Alphabet (GOOGL) (held by a dependent child), worth $1,001 - $15,000 on 28 Oct 2026. That is 16 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Pete Sessions sold Alphabet (GOOGL), worth $15,001 - $50,000 on 14 Sep 2026. That is 60 days before publication. Filed 18 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Alphabet (GOOGL) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 70 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Salesforce (CRM) (held by a dependent child), worth $1,001 - $15,000 on 13 Oct 2026. That is 31 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Maria Elvira Salazar sold Salesforce (CRM), worth $1,001 - $15,000 on 24 Sep 2026. That is 50 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Salesforce (CRM), worth $15,001 - $50,000 on 17 Aug 2026. That is 88 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100
“Why a ’legacy’ fax stock doubled while AI software stocks sank” scores 12 out of 100. The score uses 1 sources.