Shares of technology companies rose as traders rotated back into the mega-cap tech companies that have led the stock market for years.
After a lackluster start to the year, the Roundhill Magnificent Seven exchange-traded fund, which tracks the largest U.S. tech companies, is more or less flat for 2026.
Tesla's shares rose after Chief Executive Elon Musk said the company's Optimus robots should be available to the public by the end of next year.
Design software firm Autodesk plans to cut about 1,000 jobs, or roughly 7% of its workforce.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-22-26 1717ET



















