Tech stocks including Microsoft and ServiceNow surge as easing U.S.-Iran tensions spark investor appetite for growth and AI integration plays

Guidewire Software and Wix stocks traded higher during afternoon session as market sentiment shifted to "risk-on" mode

Geopolitical tensions eased following potential peace negotiations between the U.S. and Iran, prompting investors to return to growth stocks

Microsoft and ServiceNow led gains among enterprise software companies offering high-margin subscription revenue and clear pathways for generative AI integration

Growth-heavy stocks with strong AI implementation potential became investor favorites as risk appetite returned to markets