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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.

Here are the companies leading the software comeback against OpenAI and Anthropic
Yahoo Finance Video28d agoneutralVIDEO
Here are the companies leading the software comeback against OpenAI and Anthropic

Yahoo Finance Executive Editor Brian Sozzi debates with Yahoo Finance Markets and Data Editor Jared Blikre, Northwestern Mutual Wealth Management Company CIO Brent Schutte and Laffer Tengler Investments CEO & CIO Nancy Tengler on whether the so-called "SaaSpocalypse" is over. Salesforce (CRM) and CrowdStrike (CRWD) stock both surged a day after positive earnings reports.

AI Winner or Victim? Inside Salesforce's Q2 earnings
Yahoo Finance Video28d agoneutralVIDEO
AI Winner or Victim? Inside Salesforce's Q2 earnings

RBC Capital Markets managing director Rishi Jaluria joins Yahoo Finance's Josh Lipton to assess Salesforce's (CRM) latest earnings reporting, which shows profits beating expectations. Jaluria highlights how Salesforce is addressing AI's impact on the software industry and the effectiveness of its latest acquisitions.