Software stocks rallied in morning trading. Workday and Cloudflare rose 6%; AppLovin, HubSpot, Tempus AI, Oracle, and ServiceNow rose 5%; GitLab rose 4%; Figma, Shopify, UiPath, Palantir, Adobe, and SentinelOne rose 3%; Okta, Unity Software, Asana, and Snowflake rose 2%.