Software stocks wrap up best month since 2001 as talk of 'SaaSpocalypse' subsides

Snowflake and Okta both saw record stock pops this week as investors found favor in their AI software strategies.

# Software stocks wrap up best month since 2001 as talk of 'SaaSpocalypse' subsides Snowflake and Okta both saw record stock pops this week as investors found favor in their AI software strategies. **Read the full article:** [CNBC](https://www.cnbc.com/2026/05/29/software-stocks-wrap-best-month-since-2001-as-talk-of-saaspocalypse-.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*