saas

Commented by Matthias Schomber on November 2nd, 2026 | 05:37 CET

A Small Stock Rally at Adidas, a Deep Plunge + SaaS Apocalypse at ServiceNow, and the Hidden Opportunity with Royalty Gem Globex Mining!

• sporting goods
• saas
• ai
• slump
• breakout
• technical analysis
• royalties

The risks in international financial markets lie close to the opportunities they create. Investors just need to recognise them. While sporting goods giant Adidas proves the sceptics wrong with stellar results and raised guidance, technology investors in ServiceNow are facing a historic crash. Fears of AI disruption are sending the cloud specialist into a tailspin and causing share prices to plummet dramatically. But beyond sportswear and the hype around AI and software, an exciting discovery awaits in the commodities sector. Globex Mining is in robust shape, benefits from lucrative royalties and is forming a promising wedge breakout opportunity on the chart. In this analysis, we explore the opportunities and risks these three stocks present.