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The rally in tech stocks is widening beyond semiconductors and into software [Yahoo! Finance Canada]
Last hubspot, inc. earnings: 2/12 04:11 pm
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than 30% in 12 trading days, while the iShares Expanded Tech-Software Sector ETF ( ) has gained just 8%. 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. The catch-up move looks broad enough to matter. In software, Oracle ( ) is up nearly 30% over the last four days, while Atlassian ( ), RingCentral ( ), AppLovin ( ), Snowflake ( ), Cloudflare ( ), Datadog ( ), and HubSpot ( ) have all posted double-digit gains. Microsoft ( ) is up nearly 13% in that stretch. But the 12-day chart shows why semis still own the bigger move. Broadcom ( ) is up over 35% since March 30 and Marvell ( ) more than 50%, while AMD ( ) and Micron ( ) are each up over 40%. That is a notable break from last year. After the April 8, 2025, post–"Liberat
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- The rally in tech stocks is widening beyond semiconductors and into software [Yahoo! Finance][Yahoo! Finance]
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