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RingCentral and Five9 Stocks Surge Amid AI Demand

2/20/2026

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Story summary
  • On February 20, 2026, RingCentral shares rose 34% after positive earnings that eased artificial intelligence (AI) concerns.
  • Five9 rose 14% on February 20, 2026, after beating expectations and issuing optimistic guidance.
  • Both companies noted that AI adoption has increased demand for their customer service solutions.
  • The earnings results came amid a broader decline in the software sector, with the iShares Expanded Tech-Software Sector ETF down 23% this year.