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The software sector is currently caught in a tug-of-war between profound optimism and existential dread over the future of artificial intelligence. After a brief period of euphoria, reality—and algorithmic trading—bit back hard, sending major software stocks tumbling in a sudden reversal. The iShares Expanded Tech-Software Sector ETF fell 3%, wiping out half of the 6% gains it had recorded just a day prior. The bleeding was widespread across the industry’s biggest names: Atlassian plunged 8%, Hu
‘This is actually an incredible time to be a software company,’ Nvidia CEO Jensen Huang said on Monday.
Adobe has underperformed the Tech-Software industry over the past year, but analysts are cautiously optimistic about the stock’s prospects.
MongoDB stock rises after the software company reported better-than-expected earnings and raised its full-fiscal year profit outlook.
The Nasdaq and S&P 500 were gaining steam as the morning rolled on Thursday. Software stocks were a big reason why. The Nasdaq was up 0.5%, while the S&P 500 was up 0.4%. The Dow was down 20 points, or essentially flat.
The frenzy in memory-chip stocks continued on Wednesday as SK Hynix took less than 24 hours to join American peer Micron Technology in the $1 trillion valuation club.
Recent IPOs Pattern Group and Ethos Technologies are showing constructive technical patterns even as investors continue waiting for a SpaceX public offering.
Investing.com -- Technology stocks attracted significant hedge fund buying last week, marking the fastest pace of purchases in nearly three months, Goldman Sachs Prime Brokerage reported.
Atlassian and Datadog both surged more than 30% after strong Q1 2026 earnings, suggesting AI is a tailwind for some software stocks rather than a threat.
PTC Inc. has underperformed the broader market over the past year, but analysts are cautiously optimistic about the stock’s prospects.
Investing.com -- U.S. software stocks are pushing higher in premarket trading on Tuesday, extending a potential recovery in a sector that has been under sustained pressure.
