Why Software Stocks MongoDB, Salesforce, and GitLab Were Moving Higher

After tech investors licked their wounds yesterday on the launch of the Chinese artificial intelligence (AI) chatbot DeepSeek, today they saw an opportunity from the upheaval.Software stocks broadly rallied as the stock market bet that costs to run AI infrastructure could come down and efficiencies could improve, benefiting the software companies that rely on that infrastructure and are launching their own AI platforms and looking to leverage the power of agentic AI.That makes sense, as the AI infrastructure is being built to ultimately run software applications. Among the winners today were MongoDB (NASDAQ: MDB), Salesforce (NYSE: CRM), and GitLab (NASDAQ: GTLB). As of 11 a.m. ET, the stocks were up 8%, 5.4%, and 10.3%, respectively, on the news.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool