Shares of technology companies fell as a rotation out of artificial-intelligence companies continued.
Nvidia, Palantir Technologies and Oracle -- three bellwethers of AI sentiment -- all fell by more than 2%.
Some strategists said the infrastructure spending plans from Oracle, Nvidia and others could buoy tech sector profitability.
"The AI capex wave could also provide the next leg higher in profit growth," said Sonu Varghese, global macro strategist at financial consulting firm Carson Group, in a note to clients.
New York Attorney General Letitia James demanded Instacart share information about its price-testing experiments following a report that the app's users were charged different prices for identical products from the same stores.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-08-26 1909ET



















