US software stocks have climbed to fresh 2026 highs, helped by a sharp improvement in earnings expectations and growing signs that concerns over artificial intelligence-driven disruption may have been overstated, according to a report by Reuters.
The S&P 500 software and services index rose 1.3% on Tuesday to its highest level since November 2025. The index also posted its strongest quarterly gain since the second quarter of 2020 during the July-September period, the report stated.
