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Software Stocks Are Climbing Again. Palantir and Uber Are Key—Watch Their Charts.
Barrons.com100d agoneutral
Software Stocks Are Climbing Again. Palantir and Uber Are Key—Watch Their Charts.

Earnings reports from two major players in the software arena— Palantir and Uber —are helping to fuel the momentum this week. It ended last year and started this one in a deep hole, succumbing to fears that artificial intelligence could displace software. For the software group to sustain a broader recovery, participation from former leaders like Uber and Palantir, will be essential.

Stock Market News for May 7, 2026
Zacks100d agoneutral
Stock Market News for May 7, 2026

U.S. stocks ended sharply higher on Wednesday, with the S&P 500 closing above the 7,300 mark for the first time, on hopes that the United States and Iran could reach a peace deal soon and robust earnings reports from a fresh batch of companies.