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
Jun 6, 2024 5:57 AM

08:43 AM EDT, 06/06/2024 (MT Newswires) -- Technology stocks were advancing premarket Thursday, with the Technology Select Sector SPDR Fund (XLK) up 0.1% and the SPDR S&P Semiconductor ETF (XSD) 1% higher.

Smartsheet ( SMAR ) shares were up over 12% after the company overnight reported higher fiscal 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 >
ARK Invest Loaded Up $373M Worth of Circle Shares on First Day of Trading
ARK Invest Loaded Up $373M Worth of Circle Shares on First Day of Trading
Jun 6, 2025
Cathie Wood's ARK Invest bought nearly 4.5 million Circle (CRCL) shares on the stablecoin issuer's first day of trading, a holding worth $373 million at the stock's closing price. The St Petersburg, California-based investment manager was quick to add the USDC issuer to its portfolio companies that provide exposure to the crypto industry along with the likes of Coinbase (COIN),...
S&P Settles Lower As Tesla Shares Fall: Investor Sentiment Declines, Fear Index In 'Greed' Zone
S&P Settles Lower As Tesla Shares Fall: Investor Sentiment Declines, Fear Index In 'Greed' Zone
Jun 6, 2025
The CNN Money Fear and Greed index showed some decline in the overall market sentiment, while the index remained in the “Greed” zone on Thursday. U.S. stocks settled lower on Thursday, with the S&P 500 recording losses following a decline in Tesla Inc. ( TSLA ) shares. Ciena Corp. ( CIEN ) shares dipped 13% on Thursday after the company...
Lululemon, ABM Industries And 3 Stocks To Watch Heading Into Friday
Lululemon, ABM Industries And 3 Stocks To Watch Heading Into Friday
Jun 6, 2025
With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: Wall Street expects ABM Industries Inc. ( ABM ) to report quarterly earnings at 86 cents per share on revenue of $2.06 billion before the opening bell, according to data from Benzinga Pro. ABM shares gained 2%...
Wall St Week Ahead-US stocks edge toward records with inflation data, policy progress in focus
Wall St Week Ahead-US stocks edge toward records with inflation data, policy progress in focus
Jun 6, 2025
* CPI report for May due on Wednesday * Fiscal bill in focus amid Trump-Musk rift * S&P 500 about 3% from February record high By Lewis Krauskopf NEW YORK, June 6 (Reuters) - The U.S. stock rebound has driven key indexes to the cusp of record levels, with fresh economic data and trade and fiscal policy developments set to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved