Sector Update: Tech-January 2024-www.financetom.com

Market

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Sector Update: Tech

May 2, 2024 6:01 AM

08:38 AM EDT, 05/02/2024 (MT Newswires) -- Technology stocks were advancing pre-bell Thursday, with the Technology Select Sector SPDR Fund (XLK) up 1.1% and the SPDR S&P Semiconductor ETF (XSD) 5.8% higher recently.

Freshworks ( FRSH ) dropped more than 28% after saying it now expects full-year revenue of $695 million to $705 million, down from $703.5 million to $711.5 million anticipated earlier.

Previous page： Australian rare earth stocks soar on MP Materials' multi-billion US deal Next page： Bit Origin Shares Surge 75% Pre-Market As Bitcoin Rallies Past $118,000

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.

Show More Comments

Related Articles >

Australian rare earth stocks soar on MP Materials' multi-billion US deal

Jul 10, 2025

(Reuters) -Shares of Australian rare earths miners, including Lynas and Iluka Resources, soared on Friday after U.S.-based MP Materials' a multibillion-dollar deal with the U.S. government to boost production of rare earth magnets. Lynas Rare Earths, the world's largest rare earths producer outside China, surged as much as 20% to its highest since mid-August 2022 and was set for its...

Bit Origin Shares Surge 75% Pre-Market As Bitcoin Rallies Past $118,000

Jul 11, 2025

Shares of cryptocurrency mining company Bit Origin Ltd. ( BTOG ) surged in Friday’s pre-market trading amid Bitcoin's (CRYPTO: BTC) record-shattering rally. What happened: The Nasdaq-listed firm focuses on the Bitcoin mining ecosystem, as well as the deployment of blockchain technologies. Earlier in the month, it regained compliance with Nasdaq's equity standard, which mandates listed companies to maintain a minimum...

Trump's tariff barrage knocks Wall St futures lower

Jul 11, 2025

(Reuters) -U.S. stock index futures fell on Friday as President Donald Trump launched fresh salvoes in his tariff offensive, rattling investors ahead of earnings season next week. Trump said on Thursday the U.S. would impose a 35% levy on imports from Canada next month. The U.S. president also floated a blanket 15% or 20% tariff rate on other countries, a...

US STOCKS-Trump's tariff barrage knocks Wall St futures lower

Jul 11, 2025

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures down: Dow 0.53%, S&P 500 0.53%, Nasdaq 0.48% July 11 (Reuters) - U.S. stock index futures fell on Friday as President Donald Trump launched fresh salvoes in his tariff offensive, rattling investors ahead of earnings season next week....