🟢 Constellation Software is trading 4% up today as investors rotate into enterprise software

Constellation Software is trading 4.02% up at CA$2941.50 as investors rotate into enterprise software and away from semiconductor and AI-infrastructure stocks.

• ServiceNow is up 5%, Adobe 4%, and Salesforce 3% during early trading.
• Reports describe a long-software, short-chips trade, citing concerns about slowing AI hardware spending and improved confidence in software’s AI adoption potential.
• No fresh company-specific catalyst was identified.