Technology Shares Advance — Tech Roundup
Technology shares went up as U.S. stocks broadly recovered from the previous day’s decline.
U.S. Defense Department Principal Director for FutureG Thomas Rondeau said that next-generation networks and technologies present vast opportunities, as they have the potential to accelerate the pace of innovation in the defense sector,
U.K. antitrust officials said they wouldn’t launch a formal investigation into Microsoft’s ties with ChatGPT maker OpenAI, a victory for the tech giant in its bid to justify the partnership to regulators on both sides of the Atlantic.
Video-display maker Daktronics swung to a quarterly loss and warned that economic and geopolitical conditions may hurt future earnings.
Write to Paulo Trevisani at paulo.trevisani@wsj.com