There is a new phrase dominating Wall Street right now, and if you have been paying attention to earnings calls, analyst notes, or market-moving headlines recently, you have almost certainly heard it. Agentic AI is being credited with sending certain stocks soaring and reshaping how the smartest money in the market thinks about the technology sector.
ServiceNow Inc (NYSE: NOW) is up more than 35% over the past month alone. Snowflake Inc (NYSE: SNOW) jumped more than 40% this week after impressing investors with its agentic AI roadmap. And Apple Inc (NASDAQ: AAPL) is on its best run in months as analysts argue its ecosystem is perfectly positioned for the age of agency.