$SAP

Deutsche Bank has upgraded its outlook on software stocks, indicating a belief that the current fears surrounding AI disruption are subsiding. The firm suggests that traditional software companies will benefit from a renewed focus on their fundamentals and operational scalability. This upgrade reflects a broader market sentiment shift as investors reassess tech stocks following a period of underperformance linked to AI hype. Strong quarterly results from major software companies support this positive outlook. Overall, the upgrade is expected to drive renewed investor interest and capital inflow into the software sector.