01:46 PM EDT, 05/21/2024 (MT Newswires) -- Tech stocks were mixed Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.2% and the SPDR S&P Semiconductor ETF (XSD) down 0.5%.
The Philadelphia Semiconductor index fell 0.4%.
In corporate news, Keysight Technologies ( KEYS ) shares tumbled past 9% after the company's fiscal Q3 guidance fell short of market estimates.
Franklin Resources ( BEN ) unit Fiduciary Trust International said Tuesday vice chair and Meta (META) investor Lisette Cooper filed a resolution for a shareholder vote for targets to reduce dangers and threats to children on Meta's social media platforms. Meta shares were falling 1.1%.
Amazon.com's ( AMZN ) Amazon Web Services cloud-computing unit has stopped orders of Nvidia's ( NVDA ) "superchip" to wait for a new, more powerful model, the Financial Times reported Tuesday. Amazon ( AMZN ) shares shed 0.8%, while Nvidia ( NVDA ) was rising 0.1%.