Technology Shares Rise; Palantir Stops Skid -- Tech Roundup

Dow Jones
01 Mar

Technology shares gained.

Palantir paused its brutal selloff to end the week, finishing slightly higher. It has been hit by concerns about a possible cut in U.S. military spending.

Autodesk sank after it said it was cutting 9% of its work force, part of a restructuring.

Shares of NetApp, a data-storage firm, slumped after a disappointing fiscal-third-quarter earnings report Thursday evening.

 

Write to Matt Grossman at matt.grossman@wsj.com

(END) Dow Jones Newswires

February 28, 2025 17:31 ET (22:31 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10