In the third quarter, software stocks made a strong comeback as concerns about AI disrupting traditional business models eased. Key players like Salesforce and Microsoft saw significant gains of 46% and 37% respectively, driven by new AI-driven products and strong earnings. Other software firms like Workday and Veeva also surged, while cybersecurity company CrowdStrike rose 39% amid growing AI-related security needs. However, some data center-related stocks cooled off due to profit-taking. Looking ahead, the biggest risk to the market is the Federal Reserve's potential interest rate hikes, which could impact rate-sensitive stocks as earnings reports come in.
Salesforce trades at USD 236.67 with a 3.09% gain on Pluang as of Oct 02, 2026 05:31 WIB. Microsoft is priced at USD 514.20, up 0.25%. CrowdStrike shows a modest rise of 0.53% at USD 266.15, reflecting steady interest in AI-related stocks.
Adobe shares jumped 5% and Salesforce rose 3% despite a broader tech selloff, driven by renewed investor confidence in their AI strategies. Adobe's partnership with NVIDIA to speed up AI features in Photoshop and Premiere reassures investors that AI ...
Palantir Technologies surged 4% to $199.41, leading a broader software stock rally driven by interest in AI platforms. ServiceNow also rose 3%, while Salesforce remained flat. Palantir's recent partnership with Knox Systems aims to bring its commerci...
Salesforce announced a definitive agreement to acquire Braze, Inc. at $47.50 per share in cash, valuing Braze at approximately $5.66 billion. The acquisition is expected to close in Salesforce's fiscal year 2028, subject to shareholder approval and r...
Salesforce announced a $5.66 billion acquisition of Braze, a customer-engagement software firm, paying $47.50 per share, a 58% premium. Braze's technology enhances personalized customer communication using AI, strengthening Salesforce's marketing too...
Salesforce announced it is acquiring Braze for nearly $6 billion in cash, offering $47.50 per share, a 58% premium over Braze's recent closing price of $30.04. Despite the strategic move to expand its customer engagement platform, investors reacted n...
