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● NetEase (NTES) closed at $121.04 on Monday, up from $115.41, one of the rare gainers among technology stocks.
A string of downgrades from DA Davidson on Monday, September 28, crystallized a growingWall Streetworry: that AI may eat into theBusinessof traditional software makers.
● Marvell Technology (MRVL) closed at $251.90 on Monday, down from $261.94, as a broad selloff swept through semiconductor stocks.
● Microsoft (MSFT) closed at $509.22 on Monday, down from $516.17, a modest pullback after a strong Friday session.
● Maase (MAAS) closed at $17.95 on Monday, up 16.79% from $15.37, one of the more solid gains on the Nasdaq.
● MongoDB (MDB) closed at $334.68 on Monday, down 18.46% from $410.44, after its chief executive left to join Meta.
● Meta Platforms (META) closed at $715.62 on Monday, down from $751.66, as investors digested a major push into enterprise AI.
● Meta Platforms (META) closed at $715.62 on Monday, down from $751.66, as a report added to pressure on the shares.
● TEN Holdings (XHLD) closed at $0.98 on Monday, down 92.45% from $12.95, one of the steepest declines on the Nasdaq.
● InternationalBusinessMachines (IBM) closed at $220.67 on Monday, down from $225.51, among the weakerDow Jones Industrial Averagecomponents.
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