Software stocks slump: Should investors 'embrace the suck'?

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Software pullbacks are hitting tech stocks like Salesforce (CRM), Adobe (ADBE), and Microsoft (MSFT) in the second half of 2023. Yahoo Finance Tech Reporter Allie Garfinkle references Evercore's Kirk Materne analyst note — and the lyrical stylings of Olivia Rodrigo — as to how investors should be looking at the software space. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

references Evercore's Kirk Materne analyst note — and the lyrical stylings of Olivia Rodrigo — as to how investors should be looking at the software space.Here's where Wall Street strategists see the stock market headed next after a brutal September

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Mortgage rates rise, Rivian stock slumps on plans to raise $1.5 billion: Yahoo Finance LiveThe average 30-year mortgage rate has risen to 7.49%, according to Freddie Mac. We’ll be discussing the rise in rates with Redfin CEO Glenn Kelman (RDFN) at 3:35 p.m. ET. Meanwhile, Rivian (RIVN) shares are being pummeled after the EV maker announced plans to raise $1.5 billion through a convertible note offering. Other trending tickers on Yahoo Finance include Coca-Cola (KO), BlackBerry (BB), and Lucid Group (LCID).Top guests on Yahoo Finance Live today include:3:05 p.m. ET - John Stoltzfus, Oppenheimer Asset Management Managing Director and Chief Investment Strategist3:25 p.m. ET - Scott Devitt, Wedbush Securities Analyst3:35 p.m. ET - Glenn Kelman, Redfin CEO4:05 p.m. ET - Joseph Wang, Monetary Macro CIO4:20 p.m. ET - Karin Kimbroug, LinkedIn Chief Economist
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