Salesforce Stock Gained Almost 2% In One Week, What To Expect?

Salesforce stock has gained 1.7% in the last week, outperforming the S&P 500 (up 0.2%). Further, the same trend was observed over one month (7.8% vs 5.7%). The recent volatility in software stocks is due to lower demand for services as compared to the pandemic time and expected interest rate hikes..