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UiPath and Pegasystems stocks rally on software sector momentum after Salesforce's strong earnings report.

Market News
27 Aug 2026
24/7 Wall Street
View Source
Bullish
pluang ai news

UiPath shares jumped 9% and Pegasystems rose 4% despite neither company reporting earnings this week. The rally follows Salesforce's strong Q2 2027 earnings beat and raised guidance, which boosted confidence in enterprise AI and automation themes shared by UiPath and Pegasystems. This sector-wide momentum lifted other AI-related software stocks like C3.ai as well. Investors await UiPath's upcoming earnings on September 3 for fundamental confirmation of the rally, while Pegasystems reports later in October. The gains reflect a broader software sector re-rating rather than company-specific news.

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