AI Was Supposed To Kill Software Stocks: ServiceNOW Just Staged Its Best Rally On Record

Enterprise software stocks have staged a dramatic reversal after months of AI-displacement fears. ServiceNow posted a historic 40% rally in four sessions, while the software sector ETF (IGV) climbed 15% in three days. The narrative shift was catalyzed by Nvidia CEO Jensen Huang's endorsement that the AI agent era represents one of the best moments to be a software company, as platforms will be essential infrastructure for AI agents to operate through.

06/01/2026, 3:10 PM • Benzinga

Anthropic's IPO Could Create A Problem For SpaceX

Anthropic has confidentially filed for an IPO, entering the race for investor capital alongside SpaceX. Both companies represent transformative technology opportunities—Anthropic in frontier AI and SpaceX in space infrastructure—but may compete for the same growth-oriented investors. While the market is large enough for both, investor enthusiasm is limited, potentially forcing Wall Street to choose which opportunity deserves greater capital allocation.

06/01/2026, 2:32 PM • Benzinga

Are Investors Making a Mistake by Waiting for a Better Market Entry Point?

While AI is a transformative technology with real potential, investors should be cautious about valuations and timing. History shows that even genuine technological breakthroughs can lead to significant losses for investors who buy at inflated prices. Today's AI leaders have real revenue and durable businesses, but that doesn't mean they're buys at any price.

06/01/2026, 2:11 PM • The Motley Fool

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

CoreWeave Strengthens AI Cloud Lead With Nvidia Partnership

CoreWeave (NASDAQ: CRWV) shares surged 14% after successfully validating Nvidia's Vera Rubin NVL72 infrastructure, featuring 72 Nvidia Rubin GPUs and 36 Vera CPUs per rack. The achievement positions CoreWeave as a leader in AI cloud infrastructure with improved inference performance. The stock trades at $115, 9.5% above its 20-day moving average, with analysts maintaining a Buy rating and $132.67 price target.

06/01/2026, 1:20 PM • Benzinga

Why CoreWeave Stock Is Up on Monday

CoreWeave shares surged 14.3% after announcing successful validation of Nvidia's Vera Rubin NVL72 AI accelerator, which offers significant improvements over previous generation technology. The stock gained momentum following endorsements from Nvidia CEO Jensen Huang at Computex and Dell CEO Michael Dell's announcement of the first liquid-cooled Dell PowerEdge XE9812 server rack for CoreWeave.

06/01/2026, 1:17 PM • The Motley Fool

Cathie Wood Just Loaded Up on This Sizzling Artificial Intelligence (AI) Semiconductor IPO Stock

Cathie Wood's Ark Invest added Cerebras Systems (CBRS) to its ETFs following the company's IPO on May 14, 2026. Cerebras differentiates itself with large single chips that offer speeds up to 15 times faster than traditional GPUs, and has secured major partnerships with OpenAI, Meta, and Amazon. However, the article cautions that while the IPO saw strong initial performance, investors should conduct thorough analysis before following such moves, as early buyers benefited most while later IPO participants faced losses.

06/01/2026, 1:15 PM • The Motley Fool

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

ASUS Unveils Revolutionary ProArt P16 and P14 Laptops Powered by NVIDIA RTX Spark at Computex 2026

ASUS unveiled its new ProArt P16 and P14 laptops along with a ProArt Mini PC powered by NVIDIA's RTX Spark superchip at Computex 2026. These devices are designed for AI creators and developers, featuring up to 1 petaflop of AI performance, 128GB unified memory, and ASUS Lumina Pro OLED displays. The ecosystem integrates exclusive AI tools and partnerships with Adobe, Blackmagic Design, and Blender. Availability begins fall 2026.

06/01/2026, 1:00 PM • GlobeNewswire

Arm Stock Pops On Nvidia PC Chip Launch That Barely Mentioned Its Name

Arm Holdings stock surged over 15% after Nvidia unveiled the RTX Spark, a PC processor built on Arm's architecture featuring an Arm-based N1X CPU co-developed with MediaTek. Despite Nvidia barely mentioning Arm by name, the launch underscores Arm's growing dominance in AI computing, as every N1X chip sold generates royalties for Arm. The move extends Arm's strong year-to-date performance of 250%, while Intel and AMD faced pressure from Nvidia's PC chip ambitions.

06/01/2026, 10:42 AM • Benzinga

Prediction: Broadcom's June 3 Earnings Report Will Matter More Than Any "Magnificent Seven" Stock This Quarter

Broadcom's June 3 earnings report is positioned as more significant than Magnificent Seven stocks this quarter due to its dual exposure to custom AI chips and AI networking. The company serves as a barometer for hyperscaler spending on custom chips for training and inference, with 40% of AI revenue expected from networking. Broadcom's insights into the evolving AI data center landscape and custom silicon adoption make it a critical indicator for the broader AI value chain.

06/01/2026, 10:35 AM • The Motley Fool

America’s Equity Market Continues to Lead the World

The US stock market has reached an unprecedented $75 trillion in market capitalization, more than five times larger than China's $14.84 trillion. AI stocks have driven much of the market's gains, with the Goldman Sachs TMT AI basket surging 42% year-to-date compared to just 3.5% for the S&P 500 excluding AI stocks. However, hedge fund portfolios show record concentration levels with top 10 holdings representing 72% of exposure, raising concerns about rapid unwinding risks.

06/01/2026, 10:28 AM • Investing

Why Sandisk Stock Keeps Going Up

Sandisk stock surged on multiple catalysts: Susquehanna analyst raised its price target by 62.5% to $3,250, citing confidence in sustainable memory margins through 2027 driven by AI inference demand. Additionally, Nvidia announced new CPUs (RTX Spark and Vera) for AI applications, which is expected to boost memory chip demand.

06/01/2026, 10:05 AM • The Motley Fool

NVIDIA Co-Engineers Future Of Windows AI PC With Microsoft

NVIDIA and Microsoft announced a partnership to develop a more secure Windows platform for on-device AI agents. The collaboration introduces new Windows security primitives and NVIDIA OpenShell runtime to enable secure agent execution with user control, privacy protections, and policy management. Microsoft shares rose 3.12% to $464.28 while NVIDIA shares gained 4.13% to $219.87 following the announcement at NVIDIA GTC Taipei.

06/01/2026, 10:04 AM • Benzinga

Stock Market Today: S&P 500, Dow, Nasdaq Futures Rise As US Undertakes 'Self-Defense' Strikes Against Iran— HPE, NVDA, UBER In Focus (UPDATED)

U.S. stock futures rose on Monday as the market ended May at record highs. The Dow Jones, S&P 500, and Nasdaq 100 futures all gained modestly. The U.S. conducted 'self-defense' strikes against Iran over the weekend in response to aggressive Iranian actions. Key stocks in focus include Hewlett-Packard Enterprise, Nvidia, and Uber, with tech stocks leading gains. The Federal Reserve is expected to hold rates steady in June, with markets pricing in a 99.4% probability.

06/01/2026, 8:52 AM • Benzinga