$Microsoft(MSFT.US)Microsoft finally starting to act normal again is a pretty important signal for software. For a while every rally got sold, now you’re seeing dips absorbed instead of instantly rejected.

And with IGV grinding higher alongside it, feels like software is slowly coming out of the “AI capex fear” phase.

Can it continue? probably, but maybe slower from here. IGV already had a strong run, so the next stage likely needs real earnings follow-through, not just multiple expansion. Still feels constructive though.

@Bridge Buzz SG