Braze leads software sector higher, while chip stocks mostly hold steady

[Rear view of male programmer coding on computers while sitting at desk in office] Braze (BRZE [https://seekingalpha.com/symbol/BRZE]) shares catapulted more than 50% on Tuesday after Salesforce (CRM [https://seekingalpha.com/symbol/CRM]) agreed [https://seekingalpha.com/news/4654554-salesforce-to-buy-braze-for-47_50-a-share-in-cash] to buy the AI-powered marketing platform for $5.66B in enterprise value in what proved to be a positive day for most software names. The software sector was mostly in the green, as evidenced by the iShares Expanded Tech-Software Sector ETF (IGV [https://seekingalpha.com/symbol/IGV]) climbing 1% by afternoon trading. monday.com (MNDY [https://seekingalpha.com/symbol/MNDY]) stood out, as shares popped up 7.5%.