Tech Flat as Recovery Rally Runs Out of Steam - Tech Roundup

Dow Jones

05-16

Shares of technology companies were more or less flat as the recovery rally ran out of steam.

Facebook owner Meta is delaying the rollout of a flagship artificial-intelligence model, prompting internal concerns about the direction of its multibillion-dollar AI investments.

Online bazaar Alibaba Group's fourth-quarter revenue grew even as the e-commerce giant continued to face fierce domestic competition and geopolitical uncertainties abroad.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

May 15, 2025 17:29 ET (21:29 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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