financetom
Market
financetom
/
Market
/
Sector Update: Tech
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Tech
Apr 26, 2024 6:12 AM

08:50 AM EDT, 04/26/2024 (MT Newswires) -- Technology stocks were relatively flat premarket Friday, with the SPDR S&P Semiconductor ETF (XSD) and the Technology Select Sector SPDR Fund (XLK) both unchanged.

Snap (SNAP) stock was rallying past 24% after the company overnight reported higher Q1 non-GAAP earnings and revenue.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Tech
Sector Update: Tech
Oct 5, 2024
01:39 PM EDT, 10/04/2024 (MT Newswires) -- Tech stocks were higher Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.7% and the SPDR S&P Semiconductor ETF (XSD) climbing 1.6%. The Philadelphia Semiconductor index added 1.2%. In corporate news, Meta Platforms ( META ) launched Friday a new artificial intelligence tool called Movie Gen that can generate videos...
Wall St Week Ahead-Investors look to earnings to support record-high stock prices
Wall St Week Ahead-Investors look to earnings to support record-high stock prices
Oct 5, 2024
* Friday data shows strong US labor market growth * S&P 500's P/E ratio of 21.5 times, well above historic average * Q3 earnings expected to have climbed 4.7%, per UBS By Lewis Krauskopf NEW YORK, Oct 4 (Reuters) - A high-stakes corporate earnings season kicks into gear next week, with bullish investors hoping results will justify increasingly rich valuations...
Sector Update: Consumer
Sector Update: Consumer
Oct 5, 2024
03:22 PM EDT, 10/04/2024 (MT Newswires) -- Consumer stocks rose late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 1%. In corporate news, Tempur Sealy International ( TPX ) has filed a complaint asking a federal court in Texas to prevent administrative proceedings by the...
Why Is Tradeweb Markets Stock Gaining Friday?
Why Is Tradeweb Markets Stock Gaining Friday?
Oct 5, 2024
Tradeweb Markets Inc. ( TW ) shares are trading higher on Friday. Tradeweb reported a total trading volume of $56.1 trillion for September 2024, higher than $50.9 trillion in August. The average daily volume (ADV) for the month reached $2.63 trillion, compared with $2.21 trillion in August, marking a significant year-over-year increase of 68.3%. For the third quarter, Tradeweb reported a...
Copyright 2023-2025 - www.financetom.com All Rights Reserved