Tech Stocks Including Oracle and Adobe Rise on Day of Gains Amid Yearly Declines
Oracle's stock surged 11% on the day of the article, marking its best day since September. Adobe's stock jumped about 6%, while Salesforce rallied 5%. Several companies have cut employees to fuel AI projects in recent months.
cnbc.comDaily Stock Movements Oracle's stock surged 11% on the day of the article.
Adobe's stock jumped about 6% on the day of the article. Salesforce's stock rallied 5% on the day of the article. ServiceNow's stock rallied more than 7% on the day of the article. HubSpot's stock rallied more than 7% on the day of the article.
Workday's stock rallied more than 7% on the day of the article. CrowdStrike's stock added more than 6% on the day of the article. Tenable's stock added more than 6% on the day of the article. SentinelOne's stock added more than 6% on the day of the article.
Oracle's Performance Oracle's stock headed for its best day since September on the day of the article.
The surge represented an 11% increase for the day.
Yearly Declines Atlassian's shares are down more than 60% this year.
HubSpot has shed nearly half its market value this year. Oracle has lost more than a fifth of its value this year. ServiceNow has plummeted more than 40% this year.
Employee Cuts for AI Several companies, including Atlassian, have cut employees to fuel AI projects in recent months.
Story Timeline
3 events- 2026-04-13
Oracle's stock surged 11%, Adobe jumped 6%, Salesforce rallied 5%, ServiceNow, HubSpot, Workday rallied over 7%, CrowdStrike, Tenable, SentinelOne added over 6%.
1 sourcecnbc.com - 2026 (year to date)
Atlassian's shares down more than 60%, HubSpot shed nearly half market value, Oracle lost more than a fifth, ServiceNow plummeted more than 40%.
1 sourcecnbc.com - Recent months
Several companies including Atlassian cut employees to fuel AI projects.
1 sourcecnbc.com
Potential Impact
- 01
Shift in market value for HubSpot and Oracle due to ongoing yearly losses.
- 02
Volatility in stock values for software and cybersecurity sectors amid yearly declines.
- 03
Increased investor interest in AI-focused tech firms following daily gains.
- 04
Potential further employee reductions in companies like Atlassian to prioritize AI.
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