Wall Street Dumped This Magnificent ETF, but It's Making a Roaring Comeback With a 40% Gain Since April 10

The iShares Expanded Tech-Software Sector ETF (IGV) has rebounded 40% from its April 10 low after Wall Street initially feared AI would disrupt the software industry. Recent earnings reports from major software companies like ServiceNow, Atlassian, and Salesforce show accelerating revenue growth, suggesting AI concerns were overblown. The ETF holds 111 stocks and has historically outperformed the S&P 500 since its 2001 inception.

06/03/2026, 1:07 AM • The Motley Fool

9 Software Stocks That Could Thrive as AI Drives Enterprise Spending

The US software sector rallied strongly on June 1, 2026, with 14 large-cap software stocks gaining over 10%, led by MongoDB's 20.4% jump. Strong earnings reports from companies like Snowflake and Salesforce challenged fears that AI would reduce enterprise software demand, instead showing AI is becoming a major growth driver. Nvidia CEO Jensen Huang reinforced this view, stating it's 'an incredible time to be a software company.' The article identifies undervalued software stocks with over 25% upside potential according to analyst estimates.

06/02/2026, 1:24 PM • Investing

AI-Chip Rally Powers S&P 500, Nasdaq 100, Dow To Fresh Records: Stock Market Today

U.S. stock indices reached fresh record highs on Tuesday, driven by a surge in semiconductor and AI-infrastructure stocks. Marvell Technology soared 20% after Nvidia's CEO praised it as 'the next trillion-dollar company' and committed a $2 billion investment. Hewlett Packard Enterprise surged 30% on strong earnings and AI orders. Optical networking and chip stocks rallied broadly, while software stocks pulled back significantly.

06/02/2026, 12:53 PM • Benzinga

9 Software Stocks That Could Thrive as AI Drives Enterprise Spending

The US software sector rallied strongly on June 1, 2026, with 14 large-cap software stocks gaining over 10%, led by MongoDB's 20.4% jump. Strong earnings reports from companies like Snowflake and Salesforce challenged fears that AI would reduce enterprise software demand, instead showing AI is becoming a major growth driver. Nvidia CEO Jensen Huang reinforced this view, stating it's 'an incredible time to be a software company.' The article identifies nine undervalued software stocks with over 25% upside potential according to analyst estimates.

06/02/2026, 5:15 AM • Investing

Carahsoft Hosts Annual GovExperience Summit: Advancing Government Service Delivery & CX at Carahsoft Conference & Collaboration Center, June 2, 2026

Carahsoft Technology Corp. will host the Annual GovExperience Summit on June 2, 2026, in Reston, Virginia, co-hosted by GovExec. The event will convene Public Sector leaders to discuss how emerging technologies like AI, automation, and data intelligence are transforming citizen engagement and digital service delivery. The summit will feature 22 technology partner sponsors and keynote speakers from government agencies including the Department of Commerce and GSA.

06/01/2026, 3:00 PM • GlobeNewswire

What's Going On With Salesforce Stock Monday?

Salesforce stock surged 10.1% on Monday, driven by positive sentiment around its $5 billion stake in AI startup Anthropic and a $2 billion investment in France through 2030 to expand AI capabilities. While near-term momentum is strong with the stock trading above key moving averages, the longer-term downtrend remains intact as it sits below its 200-day moving average. Analysts maintain a Buy rating with an average price target of $245.59.

06/01/2026, 1:26 PM • Benzinga

S&P 500 Halts Gains As Oil Jumps 8% On Iran Ceasefire Standoff: Stock Market Today

Crude oil surged nearly 8% to its best day since April following U.S.-Iran military escalation, causing Treasury yields to rise and stalling the S&P 500's record run. The benchmark held flat while energy stocks led gains and software/AI stocks rallied on Nvidia's RTX Spark announcement. FedEx plunged 18.5% due to a mechanical spin-off, while MGM Resorts jumped 15.2% on an IAC takeover bid.

06/01/2026, 1:06 PM • Benzinga

Snowflake's Historic Stock Boom Is Turning SaaS Panic Into A Short-Covering Problem

Snowflake surged 36.5% after earnings, triggering a sector-wide short squeeze across SaaS stocks. The company's strong AI workload results challenged the narrative that AI would commoditize enterprise software, causing investors to reassess their bearish SaaS positions. Salesforce, Adobe, and Atlassian all rallied as short-covering accelerated across the software sector.

06/01/2026, 12:35 PM • Benzinga

Consumer Tech News (May 25-29): Dell, IBM, CrowdStrike, Meta Lead Big Tech AI Push

Major tech companies drove AI innovation this week with strong earnings and strategic initiatives. Dell reported record Q1 revenue of $43.84B, significantly beating estimates, while IBM and Red Hat launched a $5B open-source security initiative. Meta expanded into paid subscriptions across its platforms, and CrowdStrike expanded its cybersecurity initiatives. Anthropic surpassed OpenAI as the world's most valuable startup at $965B valuation. Japanese banks gained access to OpenAI's GPT-5.5 model for cybersecurity defense.

05/31/2026, 9:53 AM • Benzinga

Should You Buy Salesforce Stock After the Huge Investor Update?

Salesforce announced a massive $27 billion share buyback program, signaling management confidence in the company. Despite the stock being down more than 30% this year, the announcement has sparked investor interest in whether the CRM pioneer represents an undervalued artificial intelligence opportunity.

05/29/2026, 5:22 PM • The Motley Fool

Salesforce Stock Finds Support as AI Momentum Builds

Salesforce stock has found support at the $160 level and is positioned for a robust rebound driven by AI momentum. Q1 earnings showed strong results with 13.2% YoY revenue growth, Agentforce ARR growing over 200%, and adjusted earnings rising 50% YoY. The company maintains a fortress-like balance sheet and is executing aggressive capital returns through a $25 billion buyback program. Analysts show a 72% buy-side bias with consensus price targets implying 35-50% upside potential.

05/29/2026, 3:08 PM • Investing

EC-Council Launches ADG AI Framework and Self-Assessment Tool to Help Organizations Secure and Govern AI at Scale

EC-Council has launched the Adopt. Defend. Govern. (ADG) AI Framework and a free AI Readiness Self-Assessment Tool to help enterprises securely adopt and govern AI systems. Developed with input from major organizations including Citi, JPMorgan Chase, Microsoft, KPMG, Deloitte, and Salesforce, the framework provides a unified operating model with three pillars, 12 minimum controls, and nine governance surfaces aligned with EU AI Act, ISO/IEC 42001, and NIST AI RMF standards. The initiative addresses a critical gap where only 1% of leaders believe their AI governance is mature while 78% of executives lack confidence in passing an AI governance audit.

05/29/2026, 1:15 AM • GlobeNewswire

S&P 500 Hits Record Highs, Snowflake Jumps 37% On AI Boom: Stock Market Today

U.S. stocks reached record highs on Thursday following geopolitical news of a ceasefire extension. The S&P 500 advanced 0.5% to 7,557.85, driven by an AI software spending spree. Snowflake surged 37% after beating earnings estimates and announcing a $6 billion AWS partnership expansion. Other notable gainers included Best Buy (+18%), Dollar Tree (+17%), and Agilent Technologies (+17%). However, mixed economic data showed headline PCE inflation at 3.8% while core PCE and consumer spending remained subdued, prompting hawkish Fed commentary.

05/28/2026, 12:58 PM • Benzinga

Idea Grove Publishes Trust Signals® B2B Brand Rankings Across 16 Technology and Industrial Sectors

Dallas-based PR agency Idea Grove published the Trust Signals® B2B Brand Rankings, identifying 192 B2B companies worth watching across 16 sectors including cybersecurity, fintech, AI automation, manufacturing, supply chain, logistics, HVAC, martech, and digital signage. The rankings were developed based on two decades of market expertise evaluating companies on their products, customer base, and market credibility.

05/28/2026, 12:55 PM • GlobeNewswire

Gainsight Launches the Agentic Stack for Customer Retention

Gainsight announced that its entire platform is now agentic, introducing Gainsight Agent Studio powered by Claude for building AI workflows, expanding Model Context Protocol (MCP) and CLI access, launching pre-built AI agents for customer success teams, and establishing a strategic partnership with Salesforce to integrate customer data and enable Agentforce capabilities.

05/28/2026, 12:00 PM • GlobeNewswire