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
Jan 14, 2025 6:17 AM

08:45 AM EST, 01/14/2025 (MT Newswires) -- Technology stocks were mixed pre-bell Tuesday, with The Technology Select Sector SPDR Fund (XLK) 0.7% higher and the SPDR S&P Semiconductor ETF (XSD) down 2%.

Applied Digital ( APLD ) shares were up past 23% after the company said it has signed a deal for a $5 billion perpetual preferred equity funding facility with Macquarie.

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 >
US STOCKS-Futures stall as investors await inflation data
US STOCKS-Futures stall as investors await inflation data
Dec 10, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures: Dow down 0.04%, S&P 500 off 0.03%, Nasdaq up 0.01% Dec 10 (Reuters) - U.S. stock index futures were subdued on Tuesday as investors refrained from placing big bets ahead of a crucial inflation report this week that...
Futures stall as investors await inflation data
Futures stall as investors await inflation data
Dec 10, 2024
(Reuters) - U.S. stock index futures were subdued on Tuesday as investors refrained from placing big bets ahead of a crucial inflation report this week that could influence the Federal Reserve at its monetary policy meeting this month. A November reading of the consumer price index (CPI), due on Wednesday, is among the last major datasets ahead of the Fed's...
Russian rouble stable vs US dollar, strengthens vs China's yuan
Russian rouble stable vs US dollar, strengthens vs China's yuan
Dec 10, 2024
MOSCOW, Dec 10 (Reuters) - The Russian rouble remained stable against the U.S. dollar and the euro, strengthening against China's yuan, after a period of volatility that followed the U.S. financial sanctions imposed on Nov. 22. By 0815 GMT the rouble was up 0.3% at 100.3 against the dollar, according to over-the-counter market data from banks. The rouble strengthened by...
SoFi Stock Falls After BofA Downgrade Over Valuation Concerns: Here's What Technical Analysis Shows
SoFi Stock Falls After BofA Downgrade Over Valuation Concerns: Here's What Technical Analysis Shows
Dec 10, 2024
SoFi Technologies Inc. ( SOFI ) stock closed 2.81% lower at $15.57 apiece on Monday and fell further by 0.5% in premarket trading on Tuesday. This comes after Bank of America Securities downgraded the scrip due to valuation concerns. However, technical analysis based on the simple moving averages points to a different story for the stock. What Happened: BofA Securities...
Copyright 2023-2025 - www.financetom.com All Rights Reserved