Tech stocks got off the mat Monday. Most of Wall Street stayed pinned down.
Palantir (PLTR) and Datadog (DDOG) jumped over 4% each, joined by Snowflake (SNOW) and a broad recovery in chip stocks after last week’s beating.
Western Digital (WDC) and Sandisk (SNDK) led the storage rally, while Micron (MU), Intel (INTC), and Nvidia (NVDA) also gained. More than 9 in 10 semiconductor names and roughly 4 in 5 software stocks advanced in Yahoo Finance’s watchlists.
Buyers had fresh encouragement. Bernstein upgraded Datadog, citing stronger AI-related demand. Palantir announced a government-cloud partnership, although its rebound reached a potential selling zone around $195–$200. Getting through that area would put its recent record high back in play and lend support to the broader recovery after last week’s failed breakouts.
Amazon (AMZN) supplied some…