financetom
Forex World Market Business Cryptocurrency Commodities MAP
financetom
Market
financetom
/
Market
/
Sector Update: Tech Stocks Advance Thursday Afternoon
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Tech Stocks Advance Thursday Afternoon
Dec 26, 2024 11:05 AM

01:44 PM EST, 12/26/2024 (MT Newswires) -- Tech stocks were higher Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.1% and the SPDR S&P Semiconductor ETF (XSD) rising 1%.

The Philadelphia Semiconductor index added 0.2%.

In corporate news, Apple ( AAPL ) shares rose 0.2% after Wedbush said in a note to clients that artificial intelligence strategy is expected to spur a "golden era of growth" in 2025 for the company.

SEALSQ ( LAES ) shares surged past 59% after the company said Thursday it launched a research and innovation hub that aims to help organizations transition to quantum-safe encryption.

WiMi Hologram Cloud ( WIMI ) shares jumped more than 10% after the company said Thursday it developed a random access memory architecture based on quantum technology.

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 >
INDIA BONDS-Indian bond yields may nudge lower tracking US peers
INDIA BONDS-Indian bond yields may nudge lower tracking US peers
Mar 5, 2024
MUMBAI, March 6 (Reuters) - Indian government bond yields are expected to edge lower in the early session on Wednesday, following the decline in U.S. yields prompted by weak economic data, while investors brace for the significant jobs data due on Friday. The benchmark 10-year yield is expected to hover in a 7.04%-7.08% range, following its previous close of 7.0567%,...
 TSX Down Modestly For a Second Session; Monetary Policy Updates Awaited In Canada and the United States
TSX Down Modestly For a Second Session; Monetary Policy Updates Awaited In Canada and the United States
Mar 5, 2024
04:19 PM EST, 03/05/2024 (MT Newswires) -- For the second straight session, the Toronto Stock Exchange (TSX) closed down modestly, today losing just five points, having lost more than 20 points on Monday. Once again, a record high price for gold wasn't enough to offset a lower oil price and uncertainty around the interest rate path in North America. Both...
 Japan's Nikkei extends decline as tech tracks Wall Street slump
Japan's Nikkei extends decline as tech tracks Wall Street slump
Mar 5, 2024
TOKYO, March 6 (Reuters) - Japan's Nikkei share average fell for a second session on Wednesday, as traders locked in profits following the index's recent surge to an all-time high, while the overnight drop in the tech-heavy Nasdaq also weighed. Stocks were under pressure from overnight technology-led slump on Wall Street, and both precision machinery and electric machinery were among...
 Sector Update: Financial
Sector Update: Financial
Mar 5, 2024
03:23 PM EST, 03/05/2024 (MT Newswires) -- Financial stocks were declining in late Tuesday afternoon trading, with the NYSE Financial Index shedding 0.2% and the Financial Select Sector SPDR Fund (XLF) down 0.3%. The Philadelphia Housing Index fell 1.4%, and the Real Estate Select Sector SPDR Fund (XLRE) dropped 1.5%. Bitcoin (BTC-USD) was dropping 7.6% to $63,179 after hitting a...
About
Terms and Conditions Privacy policy Cookie Settings Contact Us
Services
Login register
financetom Market Personal Finance Business Economy Cryptocurrency MAP
Links
zpostcode Recruit weather mreligion Yellowpages sport constellation shopping name game directory literature Word tour furnish Lottery tftnews lyrics News digital car dir Edu Finance
Copyright 2023-2025 - www.financetom.com All Rights Reserved