Rapid7 IncUS-Iran de-escalation reduces macro uncertainty, benefiting long-duration growth software stocks like Rapid7.
Shares of Rapid7, Twilio, and Teradata jumped in afternoon trading after the United States and Iran agreed to halt tit-for-tat military exchanges, easing fears of a wider Middle East conflict. Rapid7 rose 4.8%, Twilio gained 4.6%, and Teradata advanced 5%. The de-escalation removed a macro overhang by lowering oil prices and reducing inflation impulses that had pushed traders to price in a Fed rate hike, benefiting long-duration growth software stocks. The move also built on a chip-to-software rotation sparked by a report that OpenAI may delay its IPO, which softened fears that AI labs would quickly cannibalize incumbent SaaS companies.
Rapid7 IncUS-Iran de-escalation reduces macro uncertainty, benefiting long-duration growth software stocks like Rapid7.
Teradata CorpUS-Iran de-escalation reduces macro uncertainty, benefiting long-duration growth software stocks like Teradata.
Twilio IncUS-Iran de-escalation reduces macro uncertainty, benefiting long-duration growth software stocks like Twilio.