---
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)
generator: "portal-rs"
---

# 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

- [BREAKINGVIEWS-Vibe coding is a low-key threat to software firms](https://longbridge.com/en/news/296255412.md)
- [NewEdge Advisors LLC Grows Holdings in Workday, Inc. $WDAY](https://longbridge.com/en/news/296077988.md)
- [Workday (WDAY) Projected to Announce Earnings on Thursday](https://longbridge.com/en/news/296437461.md)
- [Where will Workday stock be in 5 years if Silver Lake doesn't buy it?](https://longbridge.com/en/news/296091172.md)
- [Madison Asset Management LLC Buys Shares of 96,659 Workday, Inc. $WDAY](https://longbridge.com/en/news/296474072.md)

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