Tom Leighton 2.1 2 ideas

Akamai stock dropped ~14% despite beating earnings. The market is aggressively selling software/infrastructure names on fears of AI displacement. Investors are adopting a "shoot first, ask questions later" mentality regarding AI disruption. Even if a company (like Akamai) claims AI helps them, the market views legacy SaaS and infrastructure as vulnerable to being replaced by AI-native code generation and automated agents. AVOID Legacy Software/SaaS until the "AI displacement" discount stabilizes. The market may be overreacting to the AI threat, creating a deep value opportunity if these companies prove resilient.