The software sector is experiencing a significant pre-market surge, with the IGV ETF up 3.69%, largely driven by Palantir's (PLTR) exceptional Q2 earnings report released after the close on August 3rd. Palantir beat revenue and earnings estimates and raised its full-year guidance, causing its stock to jump 14% in after-hours trading. This strong performance from a key industry player is boosting investor sentiment across the entire software sector, adding to recent positive momentum from major tech earnings.
Software Stocks Rally on Strong Palantir Earnings
Software sector
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