---
title: "The market rotation is on. ServiceNow, Workday, and AppLovin rise as software tops chips"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290999491.md"
description: "ServiceNow, Workday, and AppLovin are software stocks trading near the top of the S&P 500. Is the AI narrative around software changing?"
datetime: "2026-06-26T19:05:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290999491.md)
  - [en](https://longbridge.com/en/news/290999491.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290999491.md)
---

# The market rotation is on. ServiceNow, Workday, and AppLovin rise as software tops chips

ServiceNow, Workday, and AppLovin are software stocks trading near the top of the S&P 500. Is the AI narrative around software changing?

### Related Stocks

- [WDAY.US](https://longbridge.com/en/quote/WDAY.US.md)
- [APP.US](https://longbridge.com/en/quote/APP.US.md)
- [NOW.US](https://longbridge.com/en/quote/NOW.US.md)
- [NOWL.US](https://longbridge.com/en/quote/NOWL.US.md)
- [APPX.US](https://longbridge.com/en/quote/APPX.US.md)
- [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md)

## Related News & Research

- [Here's What to Expect From AppLovin’s Next Earnings Report](https://longbridge.com/en/news/292891622.md)
- [ServiceNow Posts Robust Q2 As AI Momentum Continues To Build](https://longbridge.com/en/news/293650707.md)
- [ServiceNow raises annual subscription revenue forecast again on AI-driven demand](https://longbridge.com/en/news/293515235.md)
- [BUZZ-Street View: AI momentum helps ServiceNow silence skeptics](https://longbridge.com/en/news/293583145.md)
- [ServiceNow CEO defends the company's relevancy, touting a kill switch for rogue AI agents](https://longbridge.com/en/news/293531376.md)