Shares of technology companies ticked up as weakness in the economically sensitive memory-chip sub-sector was offset by strength elsewhere.
Shares of Broadcom rose slightly after the chip designer said demand from artificial-intelligence customers buoyed its latest quarterly earnings.
Similarly, Marvell Technology said AI bolstered demand for its chips when it updated invetors on earnings after the bell.
The Defense Department has officially told Anthropic it is a supply-chain risk and will be cut off from partners who work with the Pentagon, following through on a threat to escalate its battle with the artificial-intelligence company.
Meta Platforms said it would let rival artificial-intelligence chatbots communicate with users on its WhatsApp messaging platform in response to antitrust pressure from the European Commission.
Shares of Ciena fell sharply even after the networking company reported better-than-expected earnings and raised its growth projections for the fiscal year.
Zillow Group plans to buy back up to $1.25 billion of Class C and A shares, the company said.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
03-05-26 1746ET
