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.