RingCentral (RING) and Five9 (FIVN) rally as AI fears settle

Pavlo Gonchar | Lightrocket | Getty Images Shares of RingCentral and Five9 surged on Friday after earnings from both software firms alleviated recent fears that artificial intelligence is eating away at their business models. RingCentral popped 34%, while Five9 rallied about 12% after topping Wall Street’s estimates and issuing upbeat guidance. Both companies, which provide…

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Stoxx 600, FTSE, DAX, CAC, Nestle earnings

Nestle Coffee-Mate is sold on a store’s shelves on February 18, 2016 in New York City. Andrew Burton | Getty Images News | Getty Images LONDON — European stocks are expected to open in mixed territory on Thursday as investors await further earnings reports. The U.K.’s FTSE index is seen opening 0.15% higher, Germany’s DAX…

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