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TECHNOLOGY (NY: XLK )

162.60 -3.09 (-1.86%)
Streaming Delayed Price Updated: 1:38 PM EDT, Oct 3, 2023 Add to My Watchlist
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Press Releases about TECHNOLOGY

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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
Shopify Soars 6% On Logistics Sale; EPS Forecast To Grow 715%
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
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
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
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
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
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?
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
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?
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
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?
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
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?
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?
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
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