Tech Stocks on the Move Today: Squarespace, Arm, and More

Tech stocks rose in intraday trading Monday, with the S&P 500 Information Technology Sector Index 0.6% higher as of noon ET, while the tech-heavy Nasdaq was 0.2% higher. The broader S&P 500 was flat. Squarespace (SQSP) shares soared after private equity firm Permira said it was buying the website building and hosting software maker and taking it private. A different private equity firm, Apollo Global Management, is reportedly in advanced talks with Intel (INTC) to provide funding for a new factory in Irela ...