Topic: software

Software Stocks Surge as Traders Bet on Continued Growth

05/29/2026, 07:34 PM investing review software

The software stock sector is experiencing a significant bull market, with the iShares Expanded Tech-Software ETF (IGV) rising 35% since April, driven by strong performances from key companies like ServiceNow and Workday. This surge has led to a notable increase in bullish options trading, indicating trader confidence in continued growth.

Jim Cramer Highlights Nvidia as a Key Beneficiary of Dell Technologies' Strong Quarter

05/29/2026, 04:32 PM economy review ai software

Costco's stock dropped 4.5% due to disappointing membership growth, while Dell Technologies saw a 30% surge following strong earnings driven by AI demand, highlighting Nvidia's potential as a key investment.

Analysts Bank of America and JPMorgan raise Dell Technologies (DELL) target price to $500 on strong AI server sales

05/29/2026, 04:32 PM investing rating_growth Analysts: analysts, Bank of America, JPMorgan ai software

Dell Technologies reported record fiscal first-quarter results, driven by a significant surge in its AI-linked server business, prompting analysts to raise their price targets and outlook for the company.

SentinelOne (S) Stock Drops 12% Following Workforce Reductions to Enhance AI Investments

05/29/2026, 03:32 PM economy stock_drop ai software

SentinelOne's decision to lay off 8% of its workforce, aimed at enhancing its focus on artificial intelligence, resulted in a 12% drop in its stock price, reflecting investor concerns over the company's future performance amid broader industry layoffs.

Analysts expect Palantir Technologies (PLTR) to break out above $160 following a consolidation phase

05/29/2026, 02:33 PM investing forecast Analysts: analysts ai software

Palantir Technologies is poised for a potential breakout after a period of consolidation between $130 and $160, driven by strong fundamentals and market conditions favoring cash-flow-positive companies. Investors are encouraged to consider options strategies to capitalize on this anticipated movement.

Dell Technologies (DELL) Shares Surge 39% Following Strong AI-Fueled Earnings Report

05/29/2026, 01:33 PM economy rating_growth software

Dell Technologies experienced a significant surge in its stock price following a strong earnings report driven by AI demand, while broader market trends indicate a potential easing of inflation pressures.

Dell Technologies (DELL) shares surge nearly 37% after raising full-year guidance, while Gap (GPS) and American Eagle Outfitters (AEO) face significant declines

05/29/2026, 12:33 PM business review software consumer

Dell Technologies' significant earnings guidance increase has led to a surge in its stock price and positively impacted related computer hardware companies, while other retailers like American Eagle Outfitters and Gap faced declines due to disappointing sales forecasts.

Analysts HSBC upgraded Snowflake (SNOW) to Buy and raised target price to $289 (upside +20.8%) following record performance

05/29/2026, 10:32 AM investing rating_growth Analysts: analysts, HSBC ai software

HSBC's upgrade of Snowflake to a buy rating and a price target increase to $289 highlights the company's strong performance and growth potential, particularly in AI-driven revenue.

Analysts Dell Technologies (DELL) shares surged nearly 40% after exceeding earnings forecasts and raising guidance

05/29/2026, 07:32 AM rating_growth Analysts: analysts software

The ongoing negotiations between the U.S. and Iran for a peace agreement face significant hurdles, impacting oil prices and market sentiment. Meanwhile, corporate earnings reports, particularly from Dell, show strong performance amidst these geopolitical tensions.

Nvidia Invests $6.5 Billion in Photonics Technology to Enhance AI Infrastructure

05/29/2026, 05:32 AM economy growth ai software

Nvidia's recent investment of at least $6.5 billion in photonics technology highlights its strategic move to address energy consumption challenges in AI infrastructure, positioning the company for future scalability and performance improvements.