Global News Select

Tech Down as Traders Rotate Out of Sector — Tech Roundup

Shares of technology companies fell as traders rotated out of the sector following a strong run.

Micron Technology fell slightly a session after seeing its largest surge since 2011 following a report that showed strong artificial-intelligence related demand.

Ireland's data protection watchdog fined Meta Platforms about $101.7 million after the Facebook and Instagram owner stored passwords of some social media users on its internal systems without proper safeguards.

 

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

(END) Dow Jones Newswires

September 27, 2024 17:46 ET (21:46 GMT)

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