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Sector Update: Tech Stocks Mixed Premarket Friday
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Sector Update: Tech Stocks Mixed Premarket Friday
Jun 7, 2024 6:43 AM

09:05 AM EDT, 06/07/2024 (MT Newswires) -- Technology stocks were mixed premarket Friday as the Technology Select Sector SPDR Fund ( XLK ) was down 0.3% and the SPDR S&P Semiconductor ETF ( XSD ) was up inactive recently.

Braze (BRZE) advanced by over 12% after the company more than halved its net loss in fiscal Q1 as sales surged from a year ago. The company also improved its full-year guidance.

Gravity (GRVY) was almost 5% higher after saying it has launched the game Novice Hearts in Taiwan, Hong Kong, and Macau.

Taiwan Semiconductor Manufacturing ( TSM ) was 0.9% lower after it reported May net revenue of 229.62 billion Taiwanese dollars ($7.12 billion), down from NT$236.02 in April and up from NT$176.54 billion a year earlier.

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