US Stock Market Move | AI application software stocks rise against the trend, ServiceNow (NOW.US) surges more than 4%
On Tuesday, AI application software stocks rallied against the trend.
On Tuesday, AI application software stocks rallied against the trend. ServiceNow (NOW.US) and Figma (FIG.US) both rose by over 4%, while Salesforce, Inc. (CRM.US) and Adobe (ADBE.US) increased by over 3%. Datadog (DDOG.US) continued to hit new highs with a rise of over 2%. On the news front, some AI application software companies exceeded expectations, directly confirming their ability to commercialize AI. Analysts point out that after the recent surge in hardware stocks, there is a demand for profit-taking in the market, while the software sector has been relatively stagnant. Coupled with the validation of real performance, the cost-effectiveness of software companies is becoming more prominent. Investors are starting to reward companies that can translate AI capabilities into tangible products, services, and revenue streams.
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