financetom
Market
financetom
/
Market
/
Sector Update: Tech Stocks Mixed Premarket Friday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
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.

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-Wall Street advances as Trump cools China rhetoric
US STOCKS-Wall Street advances as Trump cools China rhetoric
Oct 13, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Indexes up: Dow 1.14%, S&P 500 1.52%, Nasdaq 2.05% * Broadcom ( AVGO ) jumps on OpenAI partnership * JPMorgan ( JPM ) rises after a $1.5 trillion investment plan (Updates after markets open) By Sukriti Gupta and Twesha...
US Equity Indexes Rebound After Trump Dials Back China Threats; Gold Breaks More Records
US Equity Indexes Rebound After Trump Dials Back China Threats; Gold Breaks More Records
Oct 13, 2025
12:31 PM EDT, 10/13/2025 (MT Newswires) -- US equity indexes jumped in midday trading on Monday after President Donald Trump softened his tone against China and as the so-called AI trade got a boost from a deal between Broadcom ( AVGO ) and OpenAI. The Nasdaq Composite jumped 2% to 22,655.5, with the S&P 500 up 1.6% to 6,656.7 and...
South African rand lifted by gold as markets reflect on US-China trade tension
South African rand lifted by gold as markets reflect on US-China trade tension
Oct 13, 2025
JOHANNESBURG, Oct 13 (Reuters) - The South African rand was buoyed by record gold prices on Monday as investors opted for the safe-haven metal after U.S. President Donald Trump renewed tariff threats against China. The commodity-backed currency fell about 1.7% after Trump's announcement on Friday, but has tried to pare some of its losses. At 1422 GMT, the rand traded...
Top Midday Stories: Broadcom, OpenAI Partner to Deploy AI Accelerators; Brookfield to Invest Up to $5 Billion in Bloom Energy Partnership
Top Midday Stories: Broadcom, OpenAI Partner to Deploy AI Accelerators; Brookfield to Invest Up to $5 Billion in Bloom Energy Partnership
Oct 13, 2025
11:45 AM EDT, 10/13/2025 (MT Newswires) -- All three major US stock indexes were up in late-morning trading Monday, after President Donald Trump attempted to ease concerns over trade relations with China in a Truth Social post on Sunday. In company news, Broadcom ( AVGO ) and Microsoft ( MSFT )-backed (MSFT) OpenAI said Monday they are launching a partnership...
Copyright 2023-2026 - www.financetom.com All Rights Reserved