1 of 1
Story summary
- The software sector rebounded as the iShares Expanded Tech Software ETF rose nearly 3% on Monday.
- The VanEck Semiconductor ETF remained flat, underscoring selective gains within tech ETFs.
- Workday and ServiceNow posted notable gains during the rebound.
- Analysts like Dan Ives say the panic is overblown and could be a “generational buy.”
- Even with concerns that AI could slow subscription growth, early trading shows renewed interest in software stocks.
