Tech stocks rise as sellers take profits after Nasdaq milestone

The stock market started the day on a weak note due to profit-taking after the Nasdaq reached 20,000.

Despite the overall downturn, several technology stocks, including Upstart, Microsoft, and Axon Enterprise, showed resilience and experienced notable gains.

In a positive development, Arm is reportedly working on establishing a new base, which suggests potential future growth.

The mixed performance highlights the ongoing volatility in the tech sector as investors navigate market fluctuations.

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