---
title: "JPM sees software rally extending, favors Microsoft, ServiceNow, Snowflake"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/301276750.md"
description: "JPMorgan anticipates the software rally will continue, citing Q3 earnings that show AI demand supporting infrastructure software and alleviating fears of disruption to application software. The sector has recovered sharply since late June."
datetime: "2026-10-08T12:31:09.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/301276750.md)
  - [en](https://longbridge.com/en/news/301276750.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/301276750.md)
generator: "portal-rs"
---

# JPM sees software rally extending, favors Microsoft, ServiceNow, Snowflake

Software stocks are likely to extend their recent rally as third-quarter earnings provide evidence that AI demand is supporting infrastructure software while easing concerns about disruption to application software, according to JPMorgan. The software industry has recovered sharply since the end of June, taking the six months gains of IGV software ...

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**