financetom
Market
financetom
/
Market
/
Sector Update: Tech Stocks Decline Premarket Tuesday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Tech Stocks Decline Premarket Tuesday
Mar 19, 2024 6:27 AM

09:09 AM EDT, 03/19/2024 (MT Newswires) -- Technology stocks were declining premarket Tuesday with the Technology Select Sector SPDR Fund ( XLK ) down 0.6% and the SPDR S&P Semiconductor ETF ( XSD ) 0.8% lower recently.

Super Micro Computer ( SMCI ) was shedding 10% after it filed a registration statement for the sale of 2 million shares of its common stock.

StoneCo ( STNE ) was down more than 9% after the financial technology firm's Q4 sales missed analysts' expectations and its adjusted net income guidance for the current year also lagged.

DLocal ( DLO ) was declining more than 9% after the company's Q4 earnings missed forecasts.

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 STOCKS-Indian shares edge higher; investors await TCS earnings, US CPI
INDIA STOCKS-Indian shares edge higher; investors await TCS earnings, US CPI
Oct 10, 2024
(Updates at 10:22 a.m. IST) By Bharath Rajeswaran Oct 10 (Reuters) - Indian shares rose on Thursday as minutes from the Federal Reserve's latest policy meeting reinforced hopes of more rate cuts in the United States, which could likely trigger more inflows into emerging markets. The Nifty 50 index was up 0.44% at 25,090.8 points as of 10:22 a.m. IST,...
Venture capital investors wary of dealmaking despite stock market momentum, report says
Venture capital investors wary of dealmaking despite stock market momentum, report says
Oct 10, 2024
(Reuters) - Venture capital investors in the United States remained cautious about dealmaking amid economic uncertainty, according to a PitchBook-NVCA report released on Thursday, underscoring challenges in the industry despite a rally in public markets. About $37.5 billion of deals were clinched in the third quarter ended Sept. 30, nearly 32% lower than the preceding quarter, the report said. Limited...
Delta Air Lines, Domino's Pizza And 3 Stocks To Watch Heading Into Thursday
Delta Air Lines, Domino's Pizza And 3 Stocks To Watch Heading Into Thursday
Oct 10, 2024
With U.S. stock futures trading lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Delta Air Lines, Inc. ( DAL ) to report quarterly earnings at $1.52 per share on revenue of $14.67 billion before the opening bell, according to data from Benzinga Pro. Delta Air shares gained...
Swiss stocks - Factors to watch on October 10
Swiss stocks - Factors to watch on October 10
Oct 10, 2024
ZURICH/GDANSK, Oct 10(Reuters) - Here are some of the main factors that may affect Swiss stocks on Thursday: Givaudan Swiss fragrance and flavour maker Givaudan reported third-quarter sales above analysts' expectations on Thursday, driven by sustained high demand across its markets. KinderCare Partners Group-backed KinderCare Learning Companies ( KLC ) notched a market valuation of about $3.1 billion after its...
Copyright 2023-2026 - www.financetom.com All Rights Reserved