(Bloomberg) -- Software stocks were basically left for dead earlier this year as investors bet that the business was doomed by the emergence of artificial intelligence. But it turns out that imminent demise was greatly exaggerated. Most Read from Bloomberg Zuckerberg Has an AI Empire to Build. Meet the Adviser Who Handles the Details Fed Raises Rates to Curb Inflation, Drawing Rebuke From Trump Stocks, Bonds Rise After Fed-Day Drop as Oil Falls: Markets Wrap Warsh Defies Trump's Calls for Rate Cut as War Stokes Inflation Jobless Tech Workers Are Being Left Out of San Francisco's AI Boom First, strong earnings provided reassurance that software firms are continuing to grow.
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