Investors don't seem to care at the moment. ServiceNow shares have tumbled 32% year-to-date despite posting 20%-plus growth in its latest earnings report. Adobe has plunged 25% over that time frame ...
Traders reacted to the release of the delayed January jobs report, which showed a gain of 130,000 on the month.
Wedbush added Salesforce (CRM) and ServiceNow (NOW) back to IVES AI 30, and noted that software sell-off is overdone.