Wall Street Sees Floor for Software Stocks Amid Workday Deal Speculation

Wall Street analysts are observing a potential floor for software stocks, which have seen a choppy ascent after an AI-driven rout, with speculation around a Workday deal contributing to market sentiment.

14 Aug, 14:33 — 14 Aug, 14:33

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cnbcMostly Factual23h ago

Wall Street sees a floor under software stocks in potential Workday deal

Software stocks have been on a choppy ascent since April after falling hard over the winter in an AI-driven rout that Wall Street dubbed 'Saas-mageddon.'

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Wall Street Sees Floor for Software Stocks Amid Workday Deal Speculation

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Wall Street sees a floor under software stocks in potential Workday deal

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