# Adobe jumped about 6%, while Salesforce rallied 5%.

*business · news · 2026-04-13 · CNBC*

## Key points

- Oracle's stock surged 11% amid a broader rebound in software and cybersecurity shares.
- Software stocks have faced heavy selloffs this year due to fears of AI disrupting business models.
- Several companies, including Atlassian, have cut employees specifically to fund AI initiatives.
- The software sector's stock decline is raising default risk concerns in the private credit market.

**Companies:** Oracle, Adobe, Salesforce, ServiceNow, HubSpot, CrowdStrike, Tenable, SentinelOne, Atlassian
**Countries:** United States, Iran

[Read the full story on CNBC](https://www.cnbc.com/2026/04/13/oracle-orcl-stock-rally-software-ai-risk.html)

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