$Adobe(ADBE.US) rose by four or five points, and $Salesforce(CRM.US) also saw a small gain following suit 😸
On days when growth stocks are beaten across the board, it's rare to see the software duopoly buck the trend and close in the red. The story of monetizing AI features is being picked up again.
After valuations have been crushed for over half a year, institutions are looking for "immovable" targets within software, starting with large-cap stocks that have strong cash flows.
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