financetom
Market
financetom
/
Market
/
Sector Update: Tech Stocks Advance Pre-Bell Wednesday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Tech Stocks Advance Pre-Bell Wednesday
May 26, 2025 7:41 AM

09:10 AM EDT, 05/14/2025 (MT Newswires) -- Technology stocks advanced pre-bell Wednesday, as the Technology Select Sector SPDR Fund (XLK) was up 0.4% and the SPDR S&P Semiconductor ETF ( XSD ) was 0.3% higher recently.

Sony Group ( SONY ) shares rose past 5% after the company reported a higher fiscal Q4 net income and announced a new 50 billion Japanese yen ($342.2 million) share repurchase program.

Pony AI (PONY) has confidentially filed for a listing in Hong Kong in a bid to raise additional capital to expand its business, Bloomberg News reported, citing people familiar with the matter. Shares of Pony AI were up over 3% premarket.

Cellebrite DI ( CLBT ) shares fell by over 14% after the company reported Q1 revenue below estimates and lowered its 2025 revenue outlook.

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 >
Equities Rise Intraday as Markets Parse Fed Chair's Remarks, Jobs Report
Equities Rise Intraday as Markets Parse Fed Chair's Remarks, Jobs Report
Mar 7, 2025
02:17 PM EST, 03/07/2025 (MT Newswires) -- US benchmark equity indexes were higher intraday as traders assessed Federal Reserve Chair Jerome Powell's latest comments and the official jobs report for February. The Dow Jones Industrial Average was up 0.4% at 42,733.2 after midday Friday, while the S&P 500 and the Nasdaq Composite rose 0.3% each to 5,755.1 and 18,116.2, respectively....
Update: Gold Falls Despite a Weak Dollar After the U.S. Added Fewer Jobs Than Expected in February
Update: Gold Falls Despite a Weak Dollar After the U.S. Added Fewer Jobs Than Expected in February
Mar 7, 2025
02:00 PM EST, 03/07/2025 (MT Newswires) -- (Updates prices.) Gold prices moved lower mdi-afternoon on Friday as the dollar fell to a four-month low after the United States reported a smaller than expected rise in employment last month. Gold for April delivery was last seen down US$12.50 to US$2,914.10 per ounce. The U.S. Bureau of Labor Statistics reported nonfarm payroll...
Top Midday Gainers
Top Midday Gainers
Mar 7, 2025
02:13 PM EST, 03/07/2025 (MT Newswires) -- Visionary Holdings ( GV ) disclosed Friday that it recently secured an order for 12,000 new energy vehicles. These vehicles will be specifically supplied to the taxi market in Hong Kong to meet the growing demand for green transportation in the city. Shares soared 25% as intraday trading volume catapulted to more than...
Sector Update: Health Care Stocks Higher Friday Afternoon
Sector Update: Health Care Stocks Higher Friday Afternoon
Mar 7, 2025
02:02 PM EST, 03/07/2025 (MT Newswires) -- Health care stocks were rising Friday afternoon, with the NYSE Health Care Index adding 0.3% and the Health Care Select Sector SPDR Fund (XLV) up 0.4%. The iShares Biotechnology ETF (IBB) rose 1.1%. In sector news, the US Centers for Disease Control and Prevention plans to conduct a large study into the potential...
Copyright 2023-2025 - www.financetom.com All Rights Reserved