Software Stocks Have Best Month Since 2001. Talk of 'SaaSpocalypse' Subsides

Slashdot
By EditorDavidMay 30, 2026, 11:34 am98 ptsTrending
Security company Okta shot up 30% Friday, reported CNBC, while data platform provider Snowflake jumped 50% this week. They see it as part of a larger trend where software stocks "soared this week," signaling "some companies are navigating their way through AI disruption better than Wall Street expected" and…

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