AI Value Chain
Layer 6 of 6
Enterprise AI & Apps
Software that embeds AI into workflows and sells outcomes. The downstream layer where value migration ultimately lands — once infrastructure matures, durable economics shift toward applications.
Momentum
1000–100 composite
Today
+4.22%cap-weighted
MTD
+25.28%month-to-date
YTD
+42.96%year trend
Tracked Cap
1.01T11 names
Price Explorer
$201.37+4.16%
Why it matters
Where AI meets revenue.
2026 capex / spend$45B
Breadth advancing91%
Enterprise AI & Apps · Constituents
| Company | Role | Weight | Last | Change | Mkt Cap | Trend |
|---|---|---|---|---|---|---|
CRM Salesforce Inc. | Core | $201.37 | +4.16% | |||
NOW ServiceNow Inc. | Core | $127.25 | +1.85% | |||
PLTR Palantir Technologies | Core | $179.01 | +4.66% | |||
ADBE Adobe Inc. | Core | $270.49 | +4.54% | |||
SNOW Snowflake Inc. | Core | $337.38 | +1.54% | |||
DDOG Datadog Inc. | Core | $252.24 | +4.70% | |||
MDB MongoDB Inc. | Enabler | $472.29 | +7.87% | |||
CFLT Confluent Inc. | Enabler | $28.47 | -0.79% | |||
DUOL Duolingo Inc. | Adjacent | $144.10 | +7.03% | |||
PATH UiPath Inc. | Adjacent | $16.68 | +9.31% | |||
AI C3.ai Inc. | Adjacent | $10.18 | +0.99% |