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Tech investors are looking at AI with 'more nuance' as it fuels software demand
Yahoo Finance Video28d agoneutralVIDEO
Tech investors are looking at AI with 'more nuance' as it fuels software demand

Salesforce stock (CRM) surges ahead by over 22% on Thursday since releasing strong second quarter earnings results, coming at a time when AI demand is driving growth within the software sector. Macquarie US head of software and services research Steve Koenig examines what he is seeing from tech investors and how Salesforce performed.

Software and Chip Stocks Surge in AI-Fueled Earnings Blowout
The Wall Street Journal28d agobullish
Software and Chip Stocks Surge in AI-Fueled Earnings Blowout

Software and semiconductor stocks are high-flying in morning trading on the backs of stellar Salesforce, Crowdstrike and Nvidia earnings Wednesday. Salesforce is up more than 20%. The software giant said it was deepening its partnership with Anthropic, boosting investor confidence in its ability to integrate AI into its software.