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Internet software stocks are expected to report strong quarterly results due to sustained demand for digital transformation, cloud computing, and AI integration across industries. The momentum is likely to have continued into the to-be-reported quarter, driven by growing importance of cloud-based infrastructure, increased demand for AI and ML capabilities, and adoption of zero-trust cybersecurity applications. Companies like Astera Labs, Arista Networks, Match Group, Paylocity Holdings, and Pinterest are set to report earnings on Nov. 4, with Astera Labs expected to benefit from increasing demand for AI servers and data center infrastructure.

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