S&P 500 Could Hit 8,000 Soon, Morningstar Says — CRM, NOW, WDAY And MSFT Lead The August Rebound
Salesforce, ServiceNow, Workday and Microsoft are leading a software rebound once thought unlikely amid AI disruption fears. Morningstar’s Dave Sekera said the S&P 500 could reach 8,000 within weeks after rapidly recovering its July losses. Investors have rotated from AI hardware names such as Sandisk and Micron into previously beaten-down enterprise software stocks. Silver Lake’s … Read more