Nuix Ltd (ASX:NXL) saw its stock price soar 5.60% during Tuesday's intraday trading session, as investors responded to growing expectations of increased demand for compliance and investigation software.

The software company, which provides tools for eDiscovery, data analysis, and regulatory compliance, is positioned to benefit from potential trade friction and tariff uncertainty. With corporate budgets for 2026 being unsettled by uncertainty around former President Trump's tariff plans, businesses are expected to seek more help with duties, refund claims, and enforcement risks.

Nuix's Neo platform and eDiscovery tools are specifically designed to handle complex compliance workloads arising from cross-border data flows and potential disputes about tariffs. Analysts note the company's software sits directly in the path of rising compliance work, which could drive both revenue and earnings growth as trade tensions persist.