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
Sep 6, 2024 6:47 AM

08:47 AM EDT, 09/06/2024 (MT Newswires) -- Technology stocks were flat to lower premarket Friday as the SPDR S&P Semiconductor ETF (XSD) was inactive and the Technology Select Sector SPDR Fund (XLK) was recently down 0.2%.

Broadcom ( AVGO ) shares fell by over 6% after the company guided for a fiscal Q4 revenue of about $14 billion, narrowly missing the $14.04 billion forecast from analysts polled by Capital IQ.

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 >
Futures rebound after Wall St selloff, Apple dips on AI spending plan
Futures rebound after Wall St selloff, Apple dips on AI spending plan
Feb 24, 2025
By Johann M Cherian and Sukriti Gupta (Reuters) - U.S. stock index futures rose on Monday after a sharp selloff in the previous week, while Apple dipped as the iPhone maker's $500 billion investment plan fanned concerns of Big Tech overspending on artificial intelligence. Chip stocks such as Nvidia and Micron rose more than 1.2% each. Nvidia's quarterly results are...
Americas Gold & Silver Up 4.9% in U.S. Pre-market After Giving Galena Complex Update
Americas Gold & Silver Up 4.9% in U.S. Pre-market After Giving Galena Complex Update
Feb 24, 2025
08:06 AM EST, 02/24/2025 (MT Newswires) -- Americas Gold and Silver ( USAS ) ticked 4.9% higher at last look on Monday in U.S. pre-market trading as it provided an update on its ongoing work programs at the Galena Complex in Idaho. The company said upgrades are underway for the No. 3 shaft hoist, with completion expected in the fourth...
Traders Eye Friday's Key Inflation Report as US Equity Futures Rise Pre-Bell
Traders Eye Friday's Key Inflation Report as US Equity Futures Rise Pre-Bell
Feb 24, 2025
08:11 AM EST, 02/24/2025 (MT Newswires) -- US equity futures were higher pre-bell Monday as traders looked ahead to a key inflation report due for release later in the week. The Dow Jones Industrial Average futures rose 0.7%, S&P 500 futures increased 0.5%, and Nasdaq futures were up 0.4%. The personal income and outlays report for January is due for...
US STOCKS-Futures rebound after Wall St selloff, Apple dips on AI spending plan
US STOCKS-Futures rebound after Wall St selloff, Apple dips on AI spending plan
Feb 24, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click/ or type LIVE/ in a news window.) * Nike ( NKE ) gains after Jefferies upgrades to 'buy' * Berkshire Hathaway's class B shares gain after co posts record Q4 profit * Domino's Pizza falls after missing Q4 same-store sales estimates * Futures up: Dow 0.73%, S&P...
Copyright 2023-2026 - www.financetom.com All Rights Reserved