AppLovin, Salesforce, Other Software Stocks Rally On Tariff Relief

Quick Summary:

AppLovin Corp (NASDAQ:APP), Salesforce, Inc.(NYSE:CRM), Datadog, Inc.(NASDAQ:DDOG) and Atlassian Corporation (NASDAQ:TEAM) stocks traded higher Monday after the U.S.and China agreed to a temporary reduction in most tariffs on each other’s goods.

What To Know: The trade deal will lower U.S.duties on Chinese goods from 145% to 30% and Chinese tariffs on U.S.imports from 125% to 10% for a three-month period, according to The Washington Post.On the U.S.side, the talks ...

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Article Details

Author / Journalist: Dylan Berman

Category: Technology

Markets: United StatesChina

Topics: Top Stories CRM APP TEAM Tech US0238501003 Movers Why it's moving News Software US79466L3024 Benzinga DDOG

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-12 @ 20:10:23 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 357 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 28633733

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