Shares of technology companies rise to end an eventful quarter that saw investors' euphoria with AI and the broader sector ebb and flow.
Bending Spoons, an Italian firm that bought AOL in January, is on tap to begin trading Wednesday in the Nasdaq under the ticker symbol BSP. The company has built a digital media conglomerate via a series of acquisitions, including video sites Brightcove and Vimeo, ticket platform Eventbrite and to-do list app Evernote.
Shares of Robo.ai declined after the company disclosed plans to acquire QC Capital for $60 million in newly issued Class B ordinary shares of Robo.ai. QC Capital is an artificial intelligence-driven technology holding and venture-building platform, with capabilities across technology development, venture building and industrial investment.
Apple supplier Luxshare Precision Industry is gauging investor interest for a US$3.1 billion Hong Kong listing that would be the city's largest so far this year, amid a fundraising frenzy for technology-related stocks.
Write to Paulo Trevisani at paulo.trevisani@wsj.com
