Odaily Planet Daily report: According to MSX.COM data, the U.S. stock market’s AI application software sector rose, with Palantir up over 2%, Snap up nearly 4% ahead of its after-hours quarterly earnings release, Snowflake up over 6%, ServiceNow up over 5%, Salesforce up nearly 4%, Adobe up over 3%, and AppLovin up over 2%.
U.S. AI software sector rises, Snowflake surges over 6%
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Summary
On-chain data shows the U.S. AI software sector rose on August 3, 2026, with Snowflake surging over 6%, ServiceNow climbing more than 5%, and Adobe up nearly 3%. On-chain analysis reveals strong buying momentum in AI-driven technology stocks. Trading activity indicates renewed institutional interest in cloud and enterprise AI solutions.
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