Technology Shares Among Top Gainers -- Tech Roundup

Dow Jones

May 28

The technology sector was among the top gainers, as markets cheered the latest tariff reprieve headlines amid higher-than-expected May consumer confidence.

Salesforce said it will acquire Informatica for $8 billion to enhance its AI capabilities.

Apple's stock rose, partially offsetting Friday's decline caused by Trump's threat of a 25% tariff on imported iPhones. Wedbush analysts said Monday in a note that Apple would benefit if the U.S. reached a trade deal with India.

Super Micro Computer shares snapped a five-day losing streak.

Write to Paulo Trevisani at paulo.trevisani@wsj.com

(END) Dow Jones Newswires

May 27, 2025 17:38 ET (21:38 GMT)

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