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(Bloomberg) -- The case for buying pricey Big Tech stocks on the assumption that profit growth is poised to re-accelerate is starting to look shaky.Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperHow London’s Taxi Drivers Navigate the City Without GPSWith reports now in from all but Nvidi

Shares of industrials automation company Rockwell (NYSE:ROK) jumped 11.9% in the afternoon session after the company reported strong fourth-quarter results that exceeded analysts' EPS expectations.

Shares of GameStop and MicroStrategy climbed Monday after a picture of executives from the companies was posted to social media over the weekend.

Nvidia shares gained Monday, leading other chip stocks higher in a boost to the tech sector as the major U.S. indexes looked to rebound from Friday's losses.

“The reciprocal approach leaves plenty of room for the U.S. to negotiate tariff cuts by each of America’s trading partners separately.”

U.S. equities advanced at midday as tech companies and steel and aluminum manufacturers drove the market higher.

Monday.com beat fourth-quarter profit and sales estimates as its artificial intelligence offerings helped increase customer demand.