BlackBerry shares jump 6.61% after QNX announces Hailo-8 support

BlackBerry Limited (NYSE:BB) shares rose 6.61% to $8.30 on Thursday at the time of publication, according to Benzinga Pro data, after its software business announced a product integration. The company’s QNX division said QNX Software Development Platform 8.0 now supports the Hailo-8 AI Accelerator, broadening hardware options for engineers developing artificial-intelligence edge devices. QNX software is used in mission-critical applications across robotics, healthcare and software-defined vehicles, and serves nine of the top 10 medical-device manufacturers. Joint benchmarking on a Raspberry Pi 5 found that AI workloads running on QNX OS, compared with real-time Linux, delivered up to 14 times greater performance consistency, 2.6 times tighter latency distribution, 4.1% higher throughput and 3.9% lower average latency. In the broader market, the Nasdaq was up 1.06% and the S&P 500 gained 0.60%, while technology rose 2.53% even as most sectors were in negative territory. Technically, BlackBerry traded 2% below its 20-day SMA at $8.51 and 10.9% below its 50-day SMA at $9.36, but remained 4.3% above its 100-day SMA at $8.00 and 41.8% above its 200-day SMA at $5.88. Its RSI was 46.66, indicating neutral momentum. Resistance stood at $9.50, while support was near $8.

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