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TECHNOLOGY
(NY:
XLK
)
223.96
+3.57 (+1.62%)
Official Closing Price
Updated: 8:00 PM EDT, Aug 23, 2024
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Press Releases about TECHNOLOGY
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Is Samsung's Warning Of A Chip Glut Hurting DRAM Maker Micron?
July 11, 2023
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?
July 03, 2023
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
June 27, 2023
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
June 20, 2023
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
June 14, 2023
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
Shopify Soars 6% On Logistics Sale; EPS Forecast To Grow 715%
June 07, 2023
Shopify surged 6.24% to $63.66 in heavy volume as investors respond positively to the sale of its logistics business and a potential turnaround in earnings.
Via
MarketBeat
Analysts Have "Buy" Rating On This Mid-Cap Dividend Achiever
May 15, 2023
Mid-cap industrial-sector stock Donaldson is a steady gainer, returning 32.44% in the past year. It has a 36-year track record of increasing its dividend.
Via
MarketBeat
Oracle Stock Climbs For Third Month, Still In Buy Range
May 12, 2023
Oracle, a well-established enterprise software provider, has seen its shares rise for three consecutive months, outperforming newer competitors.
Via
MarketBeat
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
ZScaler's Pre-Announcement Gets Cybersecurity Rally Started
May 11, 2023
ZScaler's pre-announcement of Q3 results and full-year revenue kicked off a cybersecurity rally. Fortinet, Palo Alto Networks, and Verisign are among gainers.
Via
MarketBeat
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Broadcom Shares Trade In Tight Range Ahead Of Q2 Earnings Report
May 05, 2023
Mega-cap chipmaker Broadcom is well-positioned for growth in the AI market, as well as data-center chips, storage, broadband, and networking applications.
Via
MarketBeat
Topics
Artificial Intelligence
Economy
Exposures
Artificial Intelligence
Interest Rates
Demand For Public Safety Technologies Drives Motorola's Growth
April 28, 2023
Motorola Systems advanced 12.17% in the past three months, reports Q1 results on May 4. The company topped earnings and sales views in the past four quarters.
Via
MarketBeat
Is ServiceNow Ready To Break Out Now?
April 12, 2023
IT services provider ServiceNow is forming a cup-with-handle with a buy point above $482.33. Watch for its Q1 report as a possible catalyst for a price move.
Via
MarketBeat
3 Stocks With Solid EPS Estimates & Charts For The Tech Rebound
April 04, 2023
The tech sector emerged as the big winner in Q1, with stocks including Workday, Cadence Design Systems and Fortinet now setting up in bullish consolidations.
Via
MarketBeat
Is Chip Design Specialist Synopsys A Gem Hiding In Plain Sight?
March 08, 2023
Chip design software maker Synopsys has been consolidating since February. Its technical and fundamental strength suggests it may be ready to notch more gains.
Via
MarketBeat
Cadence Design Gaps 7% Higher On Stellar Full-Year Guidance
February 15, 2023
Cadence gapped up 7.21% on better-than-expected fourth-quarter results, as well as increased guidance. It cleared a six-month base and led the tech sector.
Via
MarketBeat
Will Snowflake Have Tough Sledding, Trying To Keep Rally Alive?
February 10, 2023
Enterprise software maker Snowflake notched a three-month gain of 28.85%, far outpacing the S&P 500’s return of 9.32%. Analysts expect the price to rise 19%.
Via
MarketBeat
Topics
Stocks
Exposures
US Equities
Fortinet Gaps Up, Lifts Optimism About Other Cybersecurity Stocks
February 09, 2023
Cybersecurity stocks, including Palo Alto Networks and CrowdStrike gapped higher as Fortinet issued upbeat guidance that applies to the entire industry.
Via
MarketBeat
Shopify Clears Cup-With-Handle Base: Can Momentum Continue?
January 27, 2023
E-commerce platform Shopify cleared a cup-with-handle base with a buy point above $45.16. The surge followed a Shopify blog post, announcing price increases.
Via
MarketBeat
Should You Bet Against The Nasdaq 100 With This Inverse ETF?
January 25, 2023
As big-tech layoffs pile up, more investors are betting against the sector, as evidenced by flows of $913.74 million into the ProShares UltraPro Short QQQ.
Via
MarketBeat
Topics
ETFs
Workforce
Exposures
Layoff
New price targets could erase Cisco's 3.1% dividend yield soon
January 02, 2023
If you need a new way to think about interest rate cuts, Cisco's new price targets could offer you a solid strategy, and maybe even a potential investment
Via
MarketBeat
Topics
Bonds
ETFs
Economy
Exposures
Debt Markets
Economy
Interest Rates
Is Cadence Close To A Cup-With-High-Handle Breakout?
August 31, 2022
Cadence Design Systems appears to be forming a cup with high handle pattern. However, its fate has tracked closely with that of the the broader market recently.
Via
MarketBeat
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