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Microsoft$ServiceNow(NOW.US) Software stocks experienced a significant surge following strong performances from Snowflake and Okta, indicating resilience amid AI disruption. The iShares Expanded Tech-Software ETF rose 8% this week, marking a 21% increase for May, the best monthly performance since October 2001. Snowflake's $6 billion deal with Amazon and positive guidance, along with Okta's focus on identity security tools, highlight the growing importance of AI in the software sector. Servicenow also benefitted from the positive sentiment, recovering sharply and pushing past the $100 resistance level. Trump's q1 purchase of NOW also reaffirmed institutional belief in Saas stocks. @Bridge Buzz SG
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