Snowflake and Okta both saw record stock pops this week as investors found favor in their AI software strategies.

Options traders are convinced the "SAAS-pocalypse" is over. Whether that's true will likely depend on the market's reaction to one earnings report Wednesday.

Shares of traditional software providers have been battered this year over AI fears. Investors’ reaction to Snowflake’s and Salesforce’s quarterly results Wednesday suggests some…

Snowflake stock soared amid Q1 earnings and revenue that topped estimates. The software maker hiked full-year sales guidance.

The Snowflake rally also lifted shares of ServiceNow, Oracle and Palantir, while Salesforce bucked the trend.

The challenge is to find a way to protect profit margins from AI.

The rally in software stocks has gone from recovery to raging bull market, and traders are betting there's more to come.

Snowflake and Okta both saw record stock pops this week as investors found favor in their AI software strategies.