8-K filing — Guidewire Software, Inc. (GWRE)

Shares of software companies are trading lower amid a rotation out of technology and AI-related stocks. Rising inflation concerns and elevated oil prices are fueling expectations for further Fed tightening, while elevated borrowing costs could weigh on demand, valuations and debt metrics.

Shares of enterprise software companies are trading higher amid an investor rotation from highly leveraged AI-exposed names into the legacy tech services sector. Fears of persistently high inflation and interest rates may increase the appeal of the industry's proven business models.

Stock Market Today, Oct. 12: CCC Intelligent Solutions Surges 8% on Advanced Buyout Talks

CCC Intelligent Solutions surged 8% to $7.59 on October 12, 2026, following premarket reports of advanced acquisition talks with private equity firms GTCR and Elliott Management. The stock has gained 7% the previous Friday when acquisition rumors first emerged. With a current market cap of $4.2 billion, CCC remains over 40% below its 2023 all-time high, presenting potential upside if a deal is completed.

Shares of software companies are trading higher amid falling oil prices and a broader tech rally, as Nvidia reaches a new all-time high and investors anticipate a $6 trillion valuation by the end of the month.