{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"In the Money with Amber Kanwar","title":"AI is Eating Software — Is This Sell-Off Overdone?","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/f0ff51e1\"></iframe>","width":"100%","height":180,"duration":2788,"description":"\nAI was supposed to supercharge software. Instead, it’s threatening to disrupt it.\nIvana Delevska, Founder & CIO of Spear Advisors, joins In the Money with Amber Kanwar to break down whether the brutal software sell-off is justified — or overdone. As hyperscalers ramp capex and next-generation AI agents get more powerful, investors are questioning which business models survive and which get left behind. Ivana explains why AI is no longer one broad trade, why valuation suddenly matters again, and where she believes the real opportunity now sits in the value chain.\nIn the mailbag, Ivana tackles your biggest stock questions: Is the drop in Oracle (ORCL) a buying opportunity despite its leverage and OpenAI exposure? What does the reset in software mean for Constellation Software (CSU.TO)? After strong growth and free cash flow, did the market overreact to Shopify (SHOP)? Is Snowflake (SNOW) simply too expensive at current multiples? And what should investors do with Palantir (PLTR), Nvidia (NVDA), and Micron (MU) as the AI cycle rotates from chips to memory to infrastructure?\nIn Pro Picks, Ivana begins by revisiting her past calls — including Constellation Energy (CEG), Nvidia (NVDA), and Marvell (MRVL) — explaining where she’s taken profits, reduced exposure, and why parts of the AI trade have shifted from offensive to defensive. She then shares where she sees the next leg of upside: Coherent (COHR) in optical networking, KLA Corp (KLAC) in semiconductor capital equipment, and Arista Networks (ANET) in AI networking — areas she believes can still compound strongly as the AI spending cycle moves deeper into hardware and connectivity.\nAnd don’t forget: to vote on your favourite In the Money swag ideas head to: https://www.surveymonkey.com/r/XKGW2HT\n\nTimestamps\n00:00 Show trailer\n02:05 intro\n04:00 What is happening to the AI trade?\n05:50 Is the sell-off in software overdone?\n08:00 Investors should look at the hardware value chain \n11:00 Is the financing environment a...","thumbnail_url":"https://img.transistorcdn.com/er9NR63MREFV6i2rlZX8f-yMY6gNSK83fNUOzBPoSt8/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8zZmQy/OWMwNmEzY2Y0YTg1/NjM4MjQ3Y2NjMWYy/Zjk1My5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}