[BRIEFING.COM] The S&P 500 (+0.9%), Nasdaq Composite (+1.3%), and DJIA (+0.6%) continue to trade higher as the market enters the final hour of the session.
In addition to NVIDIA's (NVDA 197.18, +4.32, +2.24%) earnings release after the close, investors will receive the earnings reports of several high-profile software names, including Salesforce (CRM 192.06, +6.64, +3.58%) and Snowflake (SNOW 169.75, +8.69, +5.40%).
With recent concerns of AI disruption weighing heavily on software names so far in 2026, the reports are being treated as a read-through on whether the software group's "AI destroys SaaS" narrative is fading as oversold buyers re-emerge (helped by Workday's (WDAY 132.72, +2.49, +1.91%) post-guidance dip and recovery).