PagerDuty and Samsara shares each rose 3.8% after the United States and Iran agreed to halt military exchanges, easing fears of a wider Middle East conflict. The de-escalation lifted risk assets by reducing oil-driven inflation pressures that had raised expectations of a Federal Reserve rate hike, benefiting long-duration growth software stocks. The move also built on a chip-to-software rotation sparked by a June 25 report that OpenAI may delay its IPO, which softened fears that AI labs would quickly cannibalize incumbent SaaS companies. PagerDuty, a cloud monitoring firm, remains down 24.2% year-to-date at $9.39 per share, trading 45.3% below its 52-week high of $17.17 from September 2025.
Samsara IncUS-Iran de-escalation eases macro fears, lifting risk assets and benefiting growth software stocks like Samsara.
Pagerduty IncUS-Iran de-escalation eases macro fears, lifting risk assets and benefiting growth software stocks like PagerDuty.