The $1 Trillion 2026 Wipeout – It’s Time to Finally Clean Up Your Portfolio

In one week in February 2026, over $1 trillion in software market cap vanished. Oracle lost 60% from its peak. Figma lost 80% despite 40% revenue growth. Thanks to new AI tools, the hottest sector of the last decade may have become a graveyard – and this time, it might not recover.