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TECHNOLOGY (NY: XLK )

215.63 +0.97 (+0.45%)
Streaming Delayed Price Updated: 10:03 AM EDT, May 22, 2024 Add to My Watchlist
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Press Releases about TECHNOLOGY

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Tech sector ETF XLK edges closer to breakout level
Despite recent selling pressure, the XLK ETF remains up almost 37% year-to-date, and the ETF was last trading near the high end of its bullish consolidation. 
Via MarketBeat
Topics ETFs
Dependable dividends: Why utility stocks are on fire
Utilities have surged, with the XLU ETF gaining 4.72% in a week. Known for steady dividends, they attract income-focused investors amid market uncertainty. 
Via MarketBeat
Topics ETFs
Is Extreme Networks' forecast a sign of industry woes?
Following a promising Q1 performance, Extreme Networks issued disappointing guidance, hinting at a potential industry-wide downturn for networking companies. 
Via MarketBeat
Topics Economy
Exposures Economy
Profits come after ignorance Is highest: A PayPal story
PayPal is dealing the cards for the next rally, and management feels there's a flush in the works, so get ready to close the market's mispricing soon 
Via MarketBeat
As Shutterstock earnings push on, can the stock reach $80?
Shutterstock shares are declining by 7.5% after rallying as much as 22.0% the day prior, as you will find out soon, the decline is completely unjustified 
Via MarketBeat
Could 7 tech giants drag down the broader market?
The so-called Magnificent Seven tech giants may drive the wider market lower amid concerns about rising interest rates and Treasury yields 
Via MarketBeat
AI, federal government revenue boost ServiceNow Q3 results
ServiceNow reported strong Q3 results, EPS of $2.92 per share and revenue of $2.288 billion. Federal government contracts and generative AI apps helped performance. 
Via MarketBeat
Topics Artificial Intelligence
Exposures Artificial Intelligence
Texas Instruments' tepid revenue view drags down techs
Texas Instruments gapped down as the chipmaker's weak revenue forecast sent the tech sector lower. TI said all customer sectors except automotive were down. 
Via MarketBeat
AI-Infused Earnings Propel Arista Networks to Sector Leadership
Arista Networks is the price-performance leader within the computer networking sub-industry. Arista is expected to grow EPS and revenue when it next reports. 
Via MarketBeat
Tech Titans Upcoming Earnings: Shaping the Markets Fate
This week, the technology sector (QQQ) enters a critical phase as major global tech companies release their quarterly earnings. 
Via MarketBeat
Topics ETFs
Is Super Micro Computer an Unsung Hero of AI-Driven Growth?
Super Micro Computer's latest earnings report highlights its strength in AI infrastructure. The company anticipates strong growth in fiscal year 2024 
Via MarketBeat
Topics Artificial Intelligence
Exposures Artificial Intelligence
Picture This: AI Ignites Double-Digit Revenue Growth at Adobe
Adobe bucks the tech downtrend with a 66.43% gain, thanks to AI-powered software and a shift to subscription-based models. Sales grew at double-digit rates. 
Via MarketBeat
Topics Artificial Intelligence
Exposures Artificial Intelligence
Economic Angst Shakes Up Techs: Chip Stocks Lead the Plunge
Economic jitters and rising interest rates caused wide tech sector declines on October 13. Chip stocks, being cyclical, suffered most, compounding tech's woes 
Via MarketBeat
Topics Artificial Intelligence
Exposures Artificial Intelligence
Rising Bond Yields Fuel Surge in Tech and Growth Stocks
Amid rising bond yields, investors shift from dividend stocks to tech and consumer sectors, driven by earnings potential and shifting risk perceptions. 
Via MarketBeat
Topics Bonds
Exposures Debt Markets
New iPhones Hot In A Bad Way, But Apple Stock Chart is Bullish
Despite a 31.92% YTD gain, Apple declined nearly 9% in September, its largest monthly decline this year, driven by overheating complaints about the iPhone 15. 
Via MarketBeat
Big Tech Titans Feel the Chill as AI Stocks Slide
Tech stocks, driven by AI enthusiasm, face a slump as investors demand AI-generated revenue, not just promises. Rising interest rates are adding to tech's woes. 
Via MarketBeat
Topics Artificial Intelligence
Exposures Artificial Intelligence
AI Race Accelerates with Amazon's Investment In Anthropic
Amazon's $4 billion stake in Anthropic signals a strong push into the AI space. Amazon aims to use Anthropic's generative AI models for enhanced applications. 
Via MarketBeat
Topics Artificial Intelligence
Exposures Artificial Intelligence
These are the Top 3 Sectors for 3rd Quarter Profit Growth
The Q3 earnings reporting is approaching quickly and the news will not all be good; These are the top sectors to watch for growth. 
Via MarketBeat
Can the S&P 500 Triumph over September's Infamous Jinx?
September's market performance aligns with historical trends, as major S&P 500 components, including Apple, Amazon, Nvidia, and Alphabet, lead the index lower. 
Via MarketBeat
Topics Stocks
Exposures US Equities
Is CrowdStrike's Surge A Sign Of Cybersecurity Revival?
Via MarketBeat
Dividend Stocks Lag Behind 2023 Market Rally as AI Stocks Surge
Dividend stocks are underperforming as AI stocks surge. However, over the long haul, dividend stocks will almost certainly contribute more to total S&P return. 
Via MarketBeat
Topics Artificial Intelligence Stocks
Exposures Artificial Intelligence US Equities
Nvidia Is Down, But AI Chip Juggernaut Not Down For The Count
Nvidia broke its 50-day line for the first time since January. The pullback is likely to offer a buy opportunity, but investors should avoid jumping too soon. 
Via MarketBeat
Topics Artificial Intelligence
Exposures Artificial Intelligence
3 Tech-Focused ETFs: Unleashing The Power Of Innovation
Taking a closer look at top-performing tech-focused ETFs like QQQ, XLK, and ARKK and unlocking the potential of innovation and diversification. 
Via MarketBeat
Topics ETFs
Cloud Computing Giant ServiceNow In Buy Zone After AI News
ServiceNow beat Q2 earnings views. The cloud computing giant's AI-driven platform is gaining traction and the company boosted its full-year revenue outlook. 
Via MarketBeat
Topics Artificial Intelligence
Exposures Artificial Intelligence
Will Cloudflare Go Back Into Rally Mode After Q2 Earnings Report?
Cloudflare shares are up 6% in the past three months, rebounding from a decline after its Q1 report. The company guided toward 650% EPS growth this year. 
Via MarketBeat
Is Samsung's Warning Of A Chip Glut Hurting DRAM Maker Micron?
Amid a chip glut and weakening demand, Samsung Electronics foresees a sharp 96% profit decline in Q2. Shares of S&P 500 DRAM maker Micron are also struggling. 
Via MarketBeat
Topics Stocks
Exposures US Equities
Will Consumer Discretionary Continue Defying The Doubters In Q3?
Is the consumer discretionary setting up for further gains in Q3? Investors have been putting money into the sector, which suggests optimism about spending. 
Via MarketBeat
Topics Artificial Intelligence Economy
Exposures Artificial Intelligence Interest Rates
Rising Optimism: Analysts Say "Buy" Despite Earnings Uncertainty
Analysts are bullish ratings despite disappointing EPS estimates. Beaten-down energy has the most analyst "buy" ratings. 
Via MarketBeat
Industrials Shine As Ametek, Cintas, Eaton Trade At New Highs
Industrial stocks Ametek, Cintas, and Eaton emerge as price leaders, driven by sustainability, digitization, and onshoring trends. All are trading at new highs. 
Via MarketBeat
Topics ETFs
What To Expect From The 2nd Quarter Earnings Cycle
The Q2 earnings reporting cycle starts soon and will bring volatility to the market; sector rotation will pick up steam, and AI will be a major theme. 
Via MarketBeat
Topics Artificial Intelligence
Exposures Artificial Intelligence
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