Wall Street Learns to Love Software, Again

The Information | 28-08-2026 01:16am |

Shares of Salesforce surged 23% on Thursday, leading a recovery in software stocks after the company reported upbeat July-quarter earnings. The rally extended to cybersecurity stocks like CrowdStrike and Okta, signaling a change in sentiment for the sector, which had been pressured by concerns about AI's impact on traditional software.

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