WS #13546

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Software stocks are lower on weak guidance from HubSpot, Datadog, and AppLovin, while Magnite soars on raised outlook. Fed Chair Kevin Warsh is reportedly open to a September rate hike, a hawkish signal that could pressure growth stocks.

Software earnings selloff

Software stocks are lower on weak guidance from HubSpot, Datadog, and AppLovin, while Magnite soars on raised outlook.

Fed Chair Kevin Warsh is reportedly open to a September rate hike, a hawkish signal that could pressure growth stocks.

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