US Stock Market Move | AI application software stocks remain active, Salesforce, Inc. (CRM.US) rises over 3%.

On Monday, AI application software stocks remained active, with Palantir (PLTR.US) rising over 1% to hit a new high, while ServiceNow (NOW.US), Shopify (SHOP.US), and Salesforce, Inc. (CRM.US) gained over 3%, and SAP SE (SAP.US), Snap (SNAP.US), and Workday (WDAY.US) rose over 1%. On the news front, BofA Securities upgraded Salesforce, Inc. by multiple notches from Underperform to Buy, sharply raising its price target from $160 to $285. In its report, BofA noted that although the share of revenue directly related to artificial intelligence remains relatively small, it is bullish on the long-term prospects of its enterprise-grade AI. In addition, Goldman Sachs Group, Inc.'s chief U.S. equity strategist Ben Schneider and TMT expert Pete Callahan pointed out that the AI investment narrative is shifting from semiconductor capital expenditure to the application layer, such as the "inference economy" and personal agents. Callahan stated bluntly that "coding AI is no longer a market secret," and the market is urgently searching for the next AI story.