Software stocks rallied sharply on Tuesday, extending a rebound in a sector that had come under intense pressure this year amid concerns that artificial-intelligence agents could threaten traditional

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09:45am, Tuesday, 19'th May 2026
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ServiceNow (NOW) climbed about 4% in early Tuesday trading after Bank of America restarted coverage on the enterprise software company with a Buy rating and a $
Stock futures are firmly lower as semiconductor stocks continue to sell off
These are two stocks that are trading well below their all-time highs.

Software's "Baby with the Bathwater" Moment

04:31pm, Monday, 18'th May 2026
Ultimately, Wall Street's blanket punishment of the software sector has created a classic "baby out with the bathwater" scenario.
ServiceNow got a boost from a Wall Street analyst in a note on Monday. The stock is far off its highs, despite posting generally solid revenue and earnings growth.
One software maker's stock is bucking the trend with big gains Monday after a group of Wall Street analysts said they believe concerns about AI disruption to its business are overblown.
U.S. equities opened the new trading week on a split footing on Monday as a sharp unwind in AI-infrastructure names dragged the Nasdaq 100 down by over 1%, while energy, communications and insurance s
Application-software stocks are getting more love from Wall Street.
Bank of America (NYSE:BAC | BAC Price Prediction) reinstated its coverage of ServiceNow (NYSE:NOW) with a Buy rating and a $130 price target on May 18.
ServiceNow (NYSE:NOW) stock is surging today, last seen up 7% to trade at $101.75, after BofA Global Research initiated coverage with a “buy” rating and a $130 price target, a roughly 37% upside f
Diane King Hall breaks down this morning's biggest market movers to kick off the new trading week. She says BofA reiterates a buy on ServiceNow (NOW) but turns cautious on Salesforce (CRM).
Pre-Market Stock Futures: Futures are trading lower after a spectacular week came to an abrupt end Friday, as all the major indices were absolutely hammered. Voices across financial media were busy po
ServiceNow stock price has tumbled in the past few months, erasing billions of dollars in value as the market capitalization has dropped from $233 billion to $98 billion. NOW has tumbled amid the risi
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