Technology Shares Rise; Palantir Stops Skid -- Tech Roundup

Dow Jones

03-01

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.

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