Enterprise software emerged as one of the third quarter’s defining stock-market stories as investors moved past fears that artificial intelligence could displace established software businesses. Salesforce surged about 46% from July through September after rolling out new AI tools, including Claudeforce, a plugin that lets users access Salesforce data through Anthropic’s Claude AI. Veeva Systems rose about 60%, while Palantir Technologies gained around 60% and Microsoft advanced about 37%. Jim Cramer said the rebound followed an AI-driven sell-off earlier in the year and argued that Salesforce could continue rising, although higher interest rates pose a major risk in the fourth quarter. Cybersecurity company CrowdStrike gained about 39% as companies faced growing demands to defend against new threats. Corning fell nearly 40% after a prior rally, which Cramer attributed to profit-taking, saying he would happily buy it again if the stock declined further. Cramer also said investors may be overstating the threat posed by Meta Platforms’ Muse AI agent to consumer-focused companies, citing Airbnb as relatively insulated and noting DoorDash had recovered after earlier AI-displacement concerns. He said Meta should now be viewed as an enterprise company and that the shift could lift its valuation from an 18 times multiple to 24-25 times.