00:00It's Benzinga bringing Wall Street to Main Street.
00:02Oracle shares surged nearly 13% for their best day since September as software stocks rebounded
00:09after losses tied to artificial intelligence disruption fears, according to CNBC.
00:14Adobe rose more than 6% and Salesforce gained 5%, while ServiceNow, HubSpot, and Workday each
00:20climbed about 7%. Cybersecurity firms Tenable and Sentinel-1 added more than 7% and CrowdStrike
00:27rose 6%. The rally followed investor optimism around a potential Iran-USP steal. Software
00:34stocks had sold off this year on concerns that AI tools could displace existing business
00:38models and pressure growth and margins. HubSpot has lost nearly half its value this year,
00:44and Atlassian has dropped more than 60%, while Oracle has fallen about 20%, and ServiceNow
00:50more than 40%. For all things money, visit Benzinga.com.
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