Intuit, MongoDB, Cloudflare, Palantir Technologies, and The Trade Desk Shares Are Soaring, What You Need To Know
After July PPI was flat month over month and CPI rose 0.1% with annual inflation cooling to 3.4%, software and data stocks rose as investors priced in a less aggressive Fed. Intuit (+0.8%), MongoDB (+3.5%), Cloudflare (+5.2%), Palantir (+2.4%), and The Trade Desk (+2.1%) moved higher. Cloudflare’s prior quarter included $696.1M revenue and $2.87B FY revenue guidance.
How this was made
The 30-second read
Why it matters
Moderating inflation is described as reducing the urgency of the Fed’s higher-for-longer stance, typically lowering bond yields and expanding valuation multiples for long-duration software cash flows. Cloudflare is additionally discussed via a recap of its prior beat-and-raise and agentic AI traffic milestone, but the article does not clearly state a new Cloudflare disclosure on this date.
Market read
This is a macro-driven, sector-duration read-through anchored on July PPI flatness, with stock moves presented as multiple expansion rather than new company fundamentals.
What to watch
The article does not provide any new company-specific catalysts for most names today, so stock moves may be largely mechanical beta to rates rather than fundamental re-rating.
Background
The piece frames the afternoon jump in multiple software/data stocks as a reaction to July PPI being flat m/m, following a mild CPI increase and cooling annual inflation.
Ticker impact
Intuit is cited as jumping 0.8% in the afternoon after July PPI came in flat, easing rate pressure for software multiples.
Likely mean-reversion risk if macro tailwind fades; otherwise supports near-term multiple expansion.
The article attributes the broad rally to moderating inflation and lower yields, with no new Intuit-specific disclosure.
MongoDB is cited up 3.5% in the afternoon session following July PPI flat data that reduces urgency for higher-for-longer rates.
Short-term upside bias while yields fall; sensitivity to any reversal in rates.
No MongoDB earnings, guidance, or deal is disclosed; the catalyst is macro (PPI/CPI) and its effect on discount rates.
Cloudflare is cited up 5.2% and the piece links the move to prior earnings momentum and agentic AI traffic driving consumption.
Near-term support if the market keeps pricing lower discount rates; otherwise volatility given prior 5%+ swings.
The article provides a concrete macro driver (PPI flat) and also recaps Cloudflare’s earlier beat-and-raise with specific metrics, but does not state a new NET disclosure today.
Palantir is cited up 2.4% alongside other software/data names after July PPI printed flat month-over-month.
Directionally supportive while yields remain contained; limited edge without PLTR-specific new facts.
No Palantir-specific event is reported; the only explicit driver is the macro inflation print.
The Trade Desk is cited up 2.1% after July PPI was flat, which the article says boosts present value of long-duration software cash flows.
Likely to track rates and risk appetite; expect sensitivity to any rebound in yields.
The text provides no new TTD guidance, contract, or operational update, only the macro setup.
Market effects
Supports a software multiple expansion narrative via lower discount rates when inflation cools.
Primarily US rates and equity duration sentiment; no direct regional-specific linkage beyond US macro prints.
Lower global yields and easing inflation expectations can spill over to other long-duration growth equities.
Counterpoint
The rally may fade if the market interprets flat PPI as temporary or if yields rebound on other inflation components.
Key entities
- companyIntuit
Cited as up 0.8% in the afternoon session after July PPI printed flat m/m.
- companyMongoDB
Cited as up 3.5% in the afternoon session after July PPI printed flat m/m.
- companyCloudflare
Cited as up 5.2% and discussed with a recap of prior earnings-driven AI infrastructure momentum.
- companyPalantir Technologies
Cited as up 2.4% in the afternoon session after July PPI printed flat m/m.
- companyThe Trade Desk
Cited as up 2.1% in the afternoon session after July PPI printed flat m/m.
