12 Information Technology Stocks Moving In Thursday's After-Market Session

Egnyte Launches Context Layer to Power More Accurate AI Agents Across Business Workflows

Egnyte introduced the Context Layer, a business context foundation that maps relationships across content, people, projects, and systems to enable AI agents to work more efficiently and accurately. The platform eliminates redundant processing, reduces costs, and maintains security governance. New capabilities for AEC firms will be demonstrated at Autodesk University, including auto-classification, AI actions in project centers, and integration with Autodesk systems.

This Nokia Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Tuesday

Analysts initiated coverage: Autodesk Neutral ($215), IBP Buy ($240), Samsara Overweight ($45), Nokia Buy ($15), Netskope Overweight ($21).

Cantor Fitzgerald Initiates Coverage On Autodesk with Neutral Rating, Announces Price Target of $215

Cantor Fitzgerald analyst Mason Marion initiates coverage on Autodesk (NASDAQ:ADSK) with a Neutral rating and announces Price Target of $215.

Shares of enterprise software companies are trading higher after AI executives from firms including Anthropic, OpenAI and SpaceXAI signaled that the industry's growth may have to be slowed, which may limit or slow threats to software vendors.

Shares of crypto-linked stocks are trading higher as Bitcoin prices hit $80,000 amid lower yields and a weaker dollar. Fed's Waller's comments that he is inclined to support holding interest rates steady may have further supported the speculative asset by easing concerns about tighter monetary policy and improving risk appetite.

Cango’s EcoHash Technology Completes Key Operational And Commercial Milestones For Its AI Compute Business

Cango Inc. (NYSE:CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced that its