Software stocks rebound on expectations for AI monetization
CRM Salesforce Inc
$229.13 +0.58%
View chart & analysis → - 1The broad software group and IGV index have recorded a 21% increase since late June.
- 2They rebounded, outperforming the S&P 500's 4% increase since late June.
- 3JPMorgan strategist Samik Chatterjee expects the software group's stock momentum to continue ahead of third-quarter earnings announcements.
So what's the key point?
Software-related stocks have risen significantly recently. Experts expect this upward trend to continue ahead of upcoming earnings reports.
Source Yahoo Finance · View original ↗
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