Shares of technology companies rose as traders chased momentum in the sector.

Shares of Microsoft, Nvidia and other companies developing AI products rose as a new development revived speculation in the niche.

Elon Musk's artificial-intelligence startup showed off its first product: a bot named Grok with an in-built sense of humor.

Beyond, formerly Overstock.com, said Chief Executive Jonathan Johnson was stepping down as it transitioned to a new brand following the purchase of Bed Bath & Beyond.

Bumble's Whitney Wolfe Herd is stepping down as chief executive of the company she founded to launch a female-focused dating app, to be succeed by Slack Technologies Chief Executive Lidiane Jones.

A San Francisco court began hearing a case filed by Fortnite-maker Epic Games alleging Google squeezes excess profits from app developers.


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

(END) Dow Jones Newswires

11-06-23 1856ET