🟢 Palladyne AI is trading 6% up today amid a broad tech rally following cooling inflation data

Palladyne AI is trading 6% up at $5.13 as part of a wider rebound in U.S. technology and AI-related stocks.

• The Nasdaq is up over 2.5% and the S&P 500 more than 1.2% following strong Microsoft earnings and cooling inflation data.
• The upward movement is driven by broad risk-on sentiment across growth names rather than any company-specific news for Palladyne AI.