SaaS Stocks Rally Broadly on Tuesday; Workday Jumps Over 7%, ADSK Rises More Than 6%

Tiger Newspress

07/28

SaaS shares notched widespread gains during Tuesday’s trading session. Workday climbed over 7% and Autodesk advanced more than 6%. Adobe, SAP SE and Intuit each surged above 5%, while Salesforce.com, Trade Desk Inc., Docusign and ServiceNow posted gains exceeding 4%. Shopify closed 3% higher.

A Morgan Stanley research report points out that the market's recent pessimism about the software industry has gone too far. The bank maintains its attractive rating for the software industry and names Microsoft, Palo Alto Networks, CrowdStrike, Cloudflare, Datadog, ServiceNow, Snowflake, and Shopify as the most confident overweight stocks in the AI era.

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The bank maintains its attractive rating for the software industry and names Microsoft, Palo Alto Networks, CrowdStrike, Cloudflare, Datadog, ServiceNow, Snowflake, and Shopify as the most confident overweight stocks in the AI era.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SaaS Stocks Rally Broadly on Tuesday; Workday Jumps Over 7%, ADSK Rises More Than 6%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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The bank maintains its attractive rating for the software industry and names Microsoft, Palo Alto Networks, CrowdStrike, Cloudflare, Datadog, ServiceNow, Snowflake, and Shopify as the most confident overweight stocks in the AI era.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SHPD","symbol_name":"Direxion Daily SHOP Bear 1X ETF","start_time":0,"source_url":"","article_id":"1157695063","we_media_id":"1079075236","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1157695063","pubTimestamp":1785249633,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Tiger Newspress","introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"summary":"SaaS shares notched widespread gains during Tuesday’s trading session. $Workday(WDAY)$ climbed over 7% and $Autodesk(ADSK)$ advanced more than 6%. $Adobe(ADBE)$, $SAP SE(SAP)$ and $Intuit(INTU)$ each...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SHPD":"Direxion Daily SHOP Bear 1X ETF","ADSK":"欧特克","CRMG":"2倍做多CRM ETF- Leverage Shares","ADBE":"Adobe","INTU":"财捷","ADBG":"2倍做多ADBE ETF- Leverage Shares","SHPU":"2倍做多SHOP ETF-Direxion","TTDU":"T-Rex 2X Long TTD Daily Target ETF","TTD":"Trade Desk Inc.","SHOP":"Shopify Inc","NOW":"ServiceNow","CRM":"赛富时","SAP":"SAP SE","DOCU":"Docusign","NOWL":"2倍做多NOW ETF-GraniteShares","WDAY":"Workday"},"translate_title":"SaaS 股票周二普遍上涨；Workday 上涨超过 7%，ADSK 上涨超过 6%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TTDU":0.6,"INTU":2,"ADBE":2,"NOWL":0.6,"NOW":2,"ADBG":0.6,"CRM":2,"SHPD":0.6,"ADSK":2,"DOCU":2,"SHPU":0.6,"TTD":2,"WDAY":2,"CRMG":0.6,"SHOP":2,"SAP":2},"content_text":"SaaS shares notched widespread gains during Tuesday’s trading session. 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