GoKawiilOracle Corporation rings the Opening Bell at the New York Stock Exchange on Feb. 3, 2026.
Oracle 's stock surged nearly 12% as software shares, beaten down by artificial intelligence disruption fears, clawed back some year-to-date losses. Shares posted their best day since September.
Adobe jumped more than 6%, while Salesforce rallied 5%. ServiceNow , HubSpot , and Workday rallied about 7% each. Cybersecurity stocks also gained, with Tenable and SentinelOne each adding more than 7%. CrowdStrike rose 6%.
The rally came as investors saw hope in a future peace deal between Iran and the U.S.
Software stocks hit selloff mode this year on concerns that new AI tools from the likes of Anthropic and OpenAI will displace their longstanding business models. Fears of new cyber risks have also pressured cybersecurity companies.