Shares of software companies are trading higher as the sector rebounds from last week's sell-off following IBM's profit warning. Investors may also be rotating into software names as weakness in semiconductor and AI hardware stocks shifts interest toward less capital-intensive areas of the technology sector.

Why Is Adobe Stock Surging on Thursday?

Adobe Inc (NASDAQ: ADBE) stock is trading higher Thursday following quarterly earnings results from Salesforce Inc (NYSE: CRM).

Shares of enterprise application software are trading higher amid sympathy with Salesforce after the company reported Q2 financial results.

Software's AI Panic Is Fading, and These 10 Stocks Are the First to Benefit

BofA raised targets on 10 software stocks as AI disruption fears ease. ServiceNow, Snowflake and Figma stand out for AI-driven growth.

Autodesk Shares Slip as Q3 EPS Guidance Comes in Below Estimates

Here's a look inside the Q2 earnings report from Autodesk.

12 Information Technology Stocks Moving In Thursday's After-Market Session

Gainers Elastic (NYSE:ESTC) shares increased by 16.9% to $97.92 during Thursday's after-market session. The market value of their outstanding shares is at $8.3 billion. The company's, Q1 earnings came out

Autodesk shares are trading lower after the company reported Q2 financial results and issued Q3 EPS guidance below estimates. Also, the company narrowed its FY27 adjusted EPS guidance with its midpoint below estimates.