French minister says new measures are coming after crypto kidnappings
Jean-Didier Berger said at Paris Blockchain Week that France is preparing new steps to protect crypto holders as wrench attacks and kidnappings keep m...
Last updated: 2026-04-18 21:23:09 ET
Pulse AI Brief
Updated Apr 18, 2026 7:00 PM ET
Apple's App Store is experiencing a surge in new launches in 2026, with data from Appfigures showing AI tools fueling a mobile software renaissance. Simultaneously, traditional software ETFs posted their best week in 25 years as investors rotate away from pure AI infrastructure plays into application-layer software.
Apple (AAPL) benefits from increased App Store activity and commission revenue; software vendors (Salesforce, ServiceNow, Adobe) see renewed investor interest as compute rationing makes traditional software more cost-competitive. The iShares Software ETF (IGV) rally signals a potential peak in AI infrastructure hype and a pivot toward profitability-focused software.
The shift reflects market maturation: as AI compute becomes scarce and expensive, developers are optimizing applications for efficiency rather than raw processing power. This favors established software platforms over speculative AI infrastructure plays and could sustain a multi-quarter rotation into SaaS and application software.
Jean-Didier Berger said at Paris Blockchain Week that France is preparing new steps to protect crypto holders as wrench attacks and kidnappings keep m...
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