financetom
Market
financetom
/
Market
/
Sector Update: Tech Stocks Mixed Premarket Wednesday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Tech Stocks Mixed Premarket Wednesday
Jan 29, 2025 6:31 AM

09:03 AM EST, 01/29/2025 (MT Newswires) -- Technology stocks were mixed premarket Wednesday, with The Technology Select Sector SPDR Fund (XLK) down 0.2% and the SPDR S&P Semiconductor ETF ( XSD ) 0.9% higher.

Manhattan Associates ( MANH ) shares were down more than 23% pre-bell Wednesday after the company reported Q4 earnings and sales that beat analyst expectations but the forecast for fiscal 2025 lagged estimates.

Flex (FLEX) shares rose 6.2% after it reported higher fiscal Q3 adjusted earnings and revenue.

Corning (GLW) shares were up 5.9% after it reported higher Q4 core earnings and net sales.

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 >
Sector Update: Health Care Stocks Decline Thursday Afternoon
Sector Update: Health Care Stocks Decline Thursday Afternoon
Oct 25, 2024
01:47 PM EDT, 10/24/2024 (MT Newswires) -- Health care stocks were declining Thursday afternoon, with the NYSE Health Care Index down 0.5% and the Health Care Select Sector SPDR Fund (XLV) decreasing 0.3%. The iShares Biotechnology ETF (IBB) shed 0.3%. In corporate news, Molina Healthcare ( MOH ) shares jumped 20% after the company reported Q3 adjusted earnings and revenue...
CPKC Down 0.4% In US After Hours as Its Third-Quarter Earnings and Revenue Miss Estimates
CPKC Down 0.4% In US After Hours as Its Third-Quarter Earnings and Revenue Miss Estimates
Oct 24, 2024
04:50 PM EDT, 10/23/2024 (MT Newswires) -- Canadian Pacific Kansas City ( CP ) (CP.TO, CP) was last seen down 0.4% in after hours New York trading after the railway on Wednesday reported an earnings and revenue miss for the third quarter. But the company did signal it should be back on track by the end of 2024. The company's...
Sector Update: Tech Stocks Mixed Thursday Afternoon
Sector Update: Tech Stocks Mixed Thursday Afternoon
Oct 25, 2024
01:47 PM EDT, 10/24/2024 (MT Newswires) -- Tech stocks were mixed Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.3% and the SPDR S&P Semiconductor ETF (XSD) off 0.1%. The Philadelphia Semiconductor index rose 0.3%. In corporate news, IBM ( IBM ) shares tumbled past 6%. The company's Q3 earnings late Wednesday came in ahead of Wall...
US STOCKS-Tesla surge drives S&P 500, Nasdaq higher; IBM weighs on Dow
US STOCKS-Tesla surge drives S&P 500, Nasdaq higher; IBM weighs on Dow
Oct 24, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Tesla jumps after strong sales forecast * UPS advances following quarterly profit beat * Boeing ( BA ) down after workers reject latest contract * Weekly jobless claims lower than forecasts * Indexes: Dow down 0.37%, S&P 500 up...
Copyright 2023-2026 - www.financetom.com All Rights Reserved