Canadian Software Stocks Climb as Investors Revisit SaaS Valuations -- Market Talk

Dow Jones

3小时前

1223 ET - Canadian software names are among the biggest winners, extending a rally that began in the U.S. last week. Jerome Dubreuil of Desjardins tells the WSJ that the move reflects a broader reassessment of software valuations after Snowflake's upbeat results. "Great results and answer to the first questions on the Q&A showed they were not an AI loser at all," Dubreuil says, which led many investors to reassess the "software-as-a-service equals AI loser thesis." BlackBerry, Descartes Systems, Open Text, Constellation Software and Thomson Reuters were among the session's gainers. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

June 01, 2026 12:23 ET (16:23 GMT)

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Jerome Dubreuil of Desjardins tells the WSJ that the move reflects a broader reassessment of software valuations after <a href=\"https://laohu8.com/S/SNOW\">Snowflake</a>'s upbeat results. \"Great results and answer to the first questions on the Q&amp;A showed they were not an AI loser at all,\" Dubreuil says, which led many investors to reassess the \"software-as-a-service equals AI loser thesis.\" BlackBerry, Descartes Systems, <a href=\"https://laohu8.com/S/OTEX\">Open Text</a>, <a href=\"https://laohu8.com/S/CNSWF\">Constellation Software</a> and <a href=\"https://laohu8.com/S/TMSOF\">Thomson Reuters</a> were among the session's gainers. 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Jerome Dubreuil of Desjardins tells the WSJ that the move reflects a broader reassessment of software valuations after <a href=\"https://laohu8.com/S/SNOW\">Snowflake</a>'s upbeat results. \"Great results and answer to the first questions on the Q&amp;A showed they were not an AI loser at all,\" Dubreuil says, which led many investors to reassess the \"software-as-a-service equals AI loser thesis.\" BlackBerry, Descartes Systems, <a href=\"https://laohu8.com/S/OTEX\">Open Text</a>, <a href=\"https://laohu8.com/S/CNSWF\">Constellation Software</a> and <a href=\"https://laohu8.com/S/TMSOF\">Thomson Reuters</a> were among the session's gainers. (adriano.marchese@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 01, 2026 12:23 ET (16:23 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2640096587","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2640096587","pubTimestamp":1780330980,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1223 ET - Canadian software names are among the biggest winners, extending a rally that began in the U.S. last week. Jerome Dubreuil of Desjardins tells the WSJ that the move reflects a broader reassessment of software valuations after Snowflake's upbeat results. \"Great results and answer to the first questions on the Q&A showed they were not an AI loser at all,\" Dubreuil says, which led many investors to reassess the \"software-as-a-service equals AI loser thesis.\" BlackBerry, Descartes Systems, Open Text, Constellation Software and Thomson Reuters were among the session's gainers. 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Jerome Dubreuil of Desjardins tells the WSJ that the move reflects a broader reassessment of software valuations after Snowflake's upbeat results. \"Great results and answer to the first questions on the Q&A showed they were not an AI loser at all,\" Dubreuil says, which led many investors to reassess the \"software-as-a-service equals AI loser thesis.\" BlackBerry, Descartes Systems, Open Text, Constellation Software and Thomson Reuters were among the session's gainers. (adriano.marchese@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 01, 2026 12:23 ET (16:23 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}