Just noticed the market's been treating growth stocks differently today. Tech and crypto names are having a solid day while the broader market's mixed. The S&P 500 and Nasdaq both hit new record closes, but the action's really concentrated in software stocks and AI-related plays. That's where the real money's moving right now.

Software stocks especially are crushing it. I'm watching companies in cloud infrastructure, cybersecurity, and enterprise systems - names like Microsoft, Oracle, and some smaller infrastructure plays are all up. Microsoft sitting around $414, Oracle jumping over 6%, and cloud security firms gaining solid ground. The software sector's up almost 8.3% year-to-date while the S&P 500's only at 4.8%, so traders clearly know where the better returns are. Over the past year, software stocks are up over 40% compared to 30% for the broader index. That gap tells you everything about where capital's flowing.

Crypto stocks are also riding the wave. Bitcoin's been on a run - up 13.3% this month after being underwater for most of the year. Ethereum gained around 8% in April too. What's interesting is that futures trading is apparently driving most of the Bitcoin gains, while spot purchases have been lagging. Crypto exchange stocks and mining names are all up today, though they're a bit messier - some down even as Bitcoin rallies. PayPal, some mining plays, and Bitcoin treasury companies all moved higher. The real story though is how software stocks are outperforming everything else right now. If you're not in that space, you're basically watching from the sidelines.