Shares of software companies are trading lower as stronger-than-expected U.S. payroll growth in May is eroding confidence in a Fed rate cut. Also, the sector has seen few catalysts in the last week since the Microsoft-Anthropic funding deal on May...

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Adobe Systems Incorporated
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Shares of software companies are trading lower as stronger-than-expected U.S. payroll growth in May is eroding confidence in a Fed rate cut. Also, the sector has seen few catalysts in the last week since the Microsoft-Anthropic funding deal on May 29.