financetom
Market
financetom
/
Market
/
Sector Update: Tech Stocks Mixed Premarket Tuesday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Tech Stocks Mixed Premarket Tuesday
Jul 30, 2024 6:37 AM

09:10 AM EDT, 07/30/2024 (MT Newswires) -- Technology stocks were mixed premarket Tuesday as the Technology Select Sector SPDR Fund ( XLK ) was up 0.2% and the SPDR S&P Semiconductor ETF ( XSD ) was recently down 0.4%.

Corning (GLW) shares fell past 6% after it reported Q2 net sales of $3.25 billion, up from $3.24 billion a year earlier but missing the $3.58 billion estimate from analysts polled by Capital IQ.

Zebra Technologies ( ZBRA ) shares advanced by nearly 6% after it reported Q2 net sales of $1.22 billion, up from $1.21 billion a year earlier. The company also raised its full-year non-GAAP earnings per share outlook.

Leidos Holdings ( LDOS ) shares were up almost 2% after it reported higher Q2 non-GAAP earnings and revenue. The company also lifted its full-year guidance for non-GAAP earnings per share.

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-India bond yields seen little changed; traders eye fresh directional cues
INDIA BONDS-India bond yields seen little changed; traders eye fresh directional cues
Jun 18, 2025
MUMBAI, June 19 (Reuters) - Indian government bond yields are likely to be little changed in opening deals on Thursday, as oil prices were steady, while the U.S. Federal Reserve policy decision did little to affect sentiment. The yield on the benchmark 10-year bond is expected to move between 6.26% and 6.29%, a trader at a private bank said, compared...
INDIA STOCKS-Indian shares muted as Middle East turmoil, hawkish Fed weigh
INDIA STOCKS-Indian shares muted as Middle East turmoil, hawkish Fed weigh
Jun 18, 2025
(Updates for morning trade) By Bharath Rajeswaran June 19 (Reuters) - India's equity benchmarks were subdued on Thursday, as hawkish signals from the U.S. Federal Reserve and persistent geopolitical turmoil in the Middle East kept investors at bay. The Nifty 50 held its ground at 24,816.85 and the BSE Sensex was flat at 81,442.52, as of 9:57 a.m. IST. The...
Japan's Nikkei retreats from 4-month high as threat of US involvement in Iran conflict looms
Japan's Nikkei retreats from 4-month high as threat of US involvement in Iran conflict looms
Jun 18, 2025
TOKYO, June 19 (Reuters) - Japan's Nikkei share average retreated from a four-month high on Thursday as the threat of war between the United States and Iran dampened demand for higher-yielding assets. The Nikkei 225 Index slid 0.8%, snapping a three-day rise that lifted the gauge to the highest since February 20. The broader Topix lost 0.6%. The Israel-Iran conflict...
INDIA STOCKS-Indian shares off to a muted start on Middle East turmoil, hawkish Fed
INDIA STOCKS-Indian shares off to a muted start on Middle East turmoil, hawkish Fed
Jun 18, 2025
(Updates for markets open) June 19 (Reuters) - India's equity benchmarks opened flat on Thursday, as hawkish signals from the U.S. Federal Reserve and persistent geopolitical turmoil in the Middle East kept investors at bay. The Nifty 50 was down 0.04% at 24,803.25 and the BSE Sensex fell 0.05% to 81,403.94 as of 9:15 a.m. IST. Nine of the 13...
Copyright 2023-2026 - www.financetom.com All Rights Reserved