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The rally in tech stocks is widening beyond semiconductors and into software [Yahoo! Finance]
Last hubspot, inc. earnings: 2/12 04:11 pm
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Since the March 30 bottom, the iShares Semiconductor ETF ( SOXX ) has surged more than 30% in 12 trading days, while the iShares Expanded Tech-Software Sector ETF ( IGV ) has gained just 8%. Chip stocks (SOXX) are outrunning software stocks (IGV) over the last 12 trading days That tells the story of this rebound so far: Semis bottomed with the broader market and took off immediately, while software kept sliding until Friday, April 10. That late turn is what makes the latest move in software stand out. Over the last four days, IGV has jumped over 12%, versus nearly 5% for SOXX. Software (IGV) is outrunning chip stocks (SOXX) over the last 4 trading days The catch-up move looks broad enough to matter. In software, Oracle ( ORCL ) is up nearly 30% over the last four days, while Atlassian ( TEAM ), RingCentral ( RNG ), AppLovin ( APP ), Snowflake ( SNOW ), Cloudflare ( NET ), Datadog ( DDOG ), and HubSpot ( HUBS ) have all posted double-digit gains. Microsoft ( MSFT ) is up nea
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- HubSpot Expands AI Suite Raising Questions On Growth And Valuation [Yahoo! Finance][Yahoo! Finance]
- The rally in tech stocks is widening beyond semiconductors and into software [Yahoo! Finance Canada][Yahoo! Finance Canada]
- HubSpot (HUBS) had its "outperform" rating reaffirmed by Royal Bank Of Canada. They now have a $400.00 price target on the stock.[MarketBeat]
- HubSpot (HUBS) was given a new $350.00 price target by Canaccord Genuity Group Inc..[MarketBeat]
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