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TECHNOLOGY
(NY:
XLK
)
204.78
-0.06 (-0.03%)
Official Closing Price
Updated: 8:00 PM EDT, May 9, 2024
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Press Releases about TECHNOLOGY
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2024 stock watch: The Magnificent 7's role In market performance
January 04, 2024
While market dynamics may be different in 2024, analysts say many of 2023's Magnificent 7 leading stocks may show outstanding performance again this year.
Via
MarketBeat
Topics
Economy
Exposures
Economy
Cathie Wood readies portfolio as Bitcoin ETF decision nears
January 03, 2024
As Bitcoin hits a two-year peak, Ark fund manager Cathie Wood makes strategic portfolio changes ahead of regulators' decision on the first spot Bitcoin ETF.
Via
MarketBeat
Topics
ETFs
Synopsys stock: Unsung hero of the AI revolution
December 29, 2023
Synopsis, the leading provider of electronic design automation software, is up more than 60% in 2023 as customers AMD, Nvidia and Intel expand AI capabilities.
Via
MarketBeat
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Apple stock is institutional favorite, but is it overvalued?
December 29, 2023
Despite a strong performance in 2023, the company's revenue and earnings growth are slowing. Should investors keep holding, or is the stock overvalued?
Via
MarketBeat
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
What to expect from the Q1 earnings reporting cycle
December 28, 2023
The FQ4 earnings reporting season starts soon and will determine the S&P 500's direction in 2024. The risk is that gains will be capped but there is hope.
Via
MarketBeat
Topics
Stocks
Exposures
US Equities
Synopsys offers to acquire Ansys, sparks stock surge
December 27, 2023
Ansys stock rose 18% on Synopsys acquisition news. Fellow engineering software maker Altair also rose on speculation it may be an acquisition target.
Via
MarketBeat
Rocket Companies: A stock that traders are rushing to buy
December 26, 2023
A perfect storm that no weatherman could predict is about to rain on stocks like Rocket Companies, sponsored by the FED and the construction boom to come!
Via
MarketBeat
Topics
ETFs
Stocks
Exposures
US Equities
Super investors suddenly buying these stocks
December 20, 2023
Mega investors have just made the following move around these stocks, with three different strategies and viewpoints, you are spoiled for choice to fit your own
Via
MarketBeat
What should your portfolio look like in 2024?
December 20, 2023
Heading into 2024, declining interest rates are among factors that may send techs higher, though analysts cite the importance of broad diversification.
Via
MarketBeat
Topics
ETFs
Economy
Exposures
Interest Rates
Could PayPal stock suddenly rally after FED pivots?
December 19, 2023
PayPal stock could be set to rally any day now, especially after you consider what FED cuts in 2024 could bring to its business. Analysts agree there's value
Via
MarketBeat
Topics
Economy
Exposures
Economy
Semiconductor stocks soar on federal funding, hope for rate cuts
December 18, 2023
Semiconductor stocks, including Broadcom and ON Semi, surged after the White House released funding under the CHIPS Act. Hope for rate cuts also boosted chips.
Via
MarketBeat
Topics
Supply Chain
Exposures
Supply Chain
UiPath stock: Breaking Out Amidst Shifting Sentiment
December 15, 2023
The recent breakout of PATH above its resistance level, particularly around the $25 mark, suggests potential for further upside and possibly a short squeeze.
Via
MarketBeat
Topics
ETFs
Upstart's worrying short interest could set off a quick rally
December 11, 2023
Upstart could replace GameStop as the biggest short squeeze in recent history. Its short interest is double GameStop's, smart money is buying analyst prediction
Via
MarketBeat
Exposures
COVID-19
Elastic stock: A resilient stretch with 44.11% surge
December 11, 2023
Mid-cap Elastic has soared 44.11% in December, propelled by robust AI applications. The Q2 earnings report and guidance exceeded forecasts.
Via
MarketBeat
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Generative AI boosts UiPath; analysts see triple-digit EPS growth
December 08, 2023
Workforce automation specialist UiPath jumped 16% as revenue grew by 24% and earnings grew 140%. Wall Street is eyeing triple-digit earnings growth this year.
Via
MarketBeat
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Zuckerberg sells Meta, Snowflake may be the better choice
December 06, 2023
Now that Meta has run its course in an overdue rally, Zuckerberg is beginning to cash out, markets have found their new favorite rally story in the sector
Via
MarketBeat
The truth about DocuSign's relevancy in today's world: Surprise
December 05, 2023
Some have forgotten just how entrenched DocuSign is in today's economy, the stock price has yet to reflect this brand moat in the making, but some see it today
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MarketBeat
Topics
Economy
Stocks
Exposures
COVID-19
Economy
US Equities
Behind the tech boom: Big price leaders selectively laying off
December 01, 2023
Microsoft, Amazon and Alphabet are strategically laying off workers, responding to higher interest rates and refocusing on transformative AI technologies.
Via
MarketBeat
Topics
Artificial Intelligence
ETFs
Workforce
Exposures
Artificial Intelligence
Layoff
Power Play: GE's game-changing technology for EVs and grids
November 30, 2023
GE Vernova, spinning off in '24, advances lithium-battery tech for EVs & power grids. It's formed partnerships for storage solutions, including EV-to-grid tech.
Via
MarketBeat
These are the top sectors for blue chip growth in 2024
November 29, 2023
The sector results will be mixed in 2024 but the Health Care, Communications and Technology sectors (and some of their stocks) will post robust gains.
Via
MarketBeat
Topics
Economy
Intellectual Property
Exposures
COVID-19
Intellectual Property
Interest Rates
Web security powerhouse Cloudflare inches closer to a breakout
November 27, 2023
Cybersecurity stock Cloudflare is nearing a breakout following a strong earnings report and upbeat guidance. The company is rolling out more AI features.
Via
MarketBeat
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
From laggards to leaders: Small caps on the rise
November 27, 2023
Despite large-cap dominance, signs suggest a shift to small-cap leadership. Valuations, positive Q3 results, and historical patterns point to potential gains.
Via
MarketBeat
This internet stock is a must-have for your portfolio for 2024
November 24, 2023
If you fear that internet stocks may be overextended today, then fear no more. Baidu stands head and shoulders above the group, a clear target.
Via
MarketBeat
Topics
Economy
Exposures
Economy
Microsoft's dynamic move: Shares surge as new AI unit established
November 21, 2023
Microsoft shares were up more than 2% after swiftly creating a generative AI unit headed up by ousted OpenAI CEO Sam Altman and other former OpenAI executives.
Via
MarketBeat
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Cisco stock plummets on weak forecast: Is it a warning for tech?
November 20, 2023
Cisco shares gapped down 9.83% after a disappointing sales forecast, with the company attributing the decline to delayed product deployment.
Via
MarketBeat
AI powerhouse: Nvidia's stock surge signals strong momentum
November 16, 2023
Nvidia cleared a double bottom base with upside momentum. It reports quarterly results on November 21; analysts expect triple-digit EPS growth this year.
Via
MarketBeat
Topics
Artificial Intelligence
ETFs
Exposures
Artificial Intelligence
VanEck Semiconductor ETF nears all-time highs
November 13, 2023
The Semiconductor Sector, represented by SMH, is on the brink of all-time highs after a recent breakout with its top-holding NVDA set to report earnings soon.
Via
MarketBeat
Topics
Artificial Intelligence
ETFs
Exposures
Artificial Intelligence
3 S&P stocks with growth to weather a downturn
November 13, 2023
S&P 500 components Broadcom, McCormick and Merck stocks are diverse stocks worth tracking for investors seeking strong earnings and dividend growth.
Via
MarketBeat
Topics
Economy
Stocks
Exposures
Interest Rates
US Equities
Profits soar as Airbnb, Intel, Live Nation trounce forecasts
November 09, 2023
Airbnb, Intel and Live Nation defied expectations with stronger-than-expected quarterly EPS. Earnings beats frequently precede greater investor confidence.
Via
MarketBeat
Topics
Earnings
Exposures
Financial
Tech sector ETF XLK edges closer to breakout level
November 06, 2023
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
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