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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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All News about TECHNOLOGY
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Tech, Blue Chip Stocks Drop; Small Caps, Real Estate Rebound As Yields Ease; Solar Industry Shines: What's Driving Markets Thursday?
May 30, 2024
Wall Street experienced another decline on Thursday, with major large-cap indices affected by a downturn in the tech and communication services sectors. Investors shifted their focus to market areas...
Via
Benzinga
Bond Battering Drags Stocks And Commodities Lower
May 29, 2024
The past few U.S. Treasury auctions have attracted weak demand, particularly from foreign buyers. That’s dragged bond prices lower and pushed yields higher.
Via
Talk Markets
Topics
Bonds
Exposures
Debt Markets
Bullish Buying Opportunity: 3 ETFs to Scoop Up With $5,000
May 29, 2024
These are the top three ETFs to buy in 2024. Add them to your portfolio with $5,000 and watch them grow your wealth.
Via
InvestorPlace
Topics
ETFs
Tech Titans To Take Center Stage: Computex 2024 Preview For Investors
May 27, 2024
Computex 2024, a major tech event, is approaching with industry giants like Qualcomm, Intel, and AMD revealing their latest innovations, offering potential opportunities in AI and tech stocks.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Fed Rhetoric Spooks The Markets, Yet Technology Stocks Move Higher
May 26, 2024
The Federal Reserve's comments and the release of the minutes sent interest rates up and stocks down as the market was hit especially hard on Thursday, giving up any gains made earlier in the week.
Via
Talk Markets
Topics
Economy
Exposures
Interest Rates
XLK: A Great Way To Profit From Rising Earnings And Stock Buybacks
May 25, 2024
All three stock indexes – the Dow, the S&P 500, and the Nasdaq – achieved substantial gains in the first half of 2024, surprising many analysts. I like the look of the Technology Select Sector SPDR ETF...
Via
Talk Markets
Topics
ETFs
Stocks
Exposures
US Equities
The Short-Term Uptrend Is On The Ropes
May 25, 2024
The short-term uptrend has continued, although it's on the ropes. The PMO index ticked below the top of its range, and the momentum of the A/D line looks ready to cross into a sell signal. Both are...
Via
Talk Markets
Are Cracks Starting To Appear As Stocks Fly Into The Holiday Weekend?
May 25, 2024
In this week's video, we'll review the latest charts and data to help us answer the question: Are cracks appearing as stocks fly into the holiday weekend?
Via
Talk Markets
Nasdaq 100 Eyes Record High Close, Fifth Positive Week As Traders Flock To AI-Linked Stocks: What's Driving Markets Friday?
May 24, 2024
Technology stocks surged on Friday, rebounding sharply after Thursday’s decline, as investor confidence in the artificial intelligence-driven rally remained high.
Via
Benzinga
Nvidia's 10% Leap Propels Tech Indexes To Record Highs; Blue Chips, Small Caps Slip: What's Driving Markets Thursday?
May 23, 2024
Strong earnings and revenue guidance from Nvidia sparked a tech stock surge, with Nasdaq 100 and S&P 500 hitting record highs.
Via
Benzinga
Topics
Stocks
Exposures
US Equities
Stock Market Reclaims Record Highs, Nvidia Tops $1,000 As AI-Driven Rally Resumes: Thursday's Top Movers
May 23, 2024
Wall Street opens with record highs on Nvidia's strong earnings and guidance, S&P 500 and Nasdaq 100 surge, while technology stocks lead the gains.
Via
Benzinga
Topics
Stocks
Exposures
US Equities
Stocks Falter, Metals Fall As Traders Turn Cautious Ahead Of Fed Minutes, Nvidia Earnings; First Solar Hits Record Highs: What's Driving Markets Wednesday?
May 22, 2024
Wall Street experienced a muted session on Wednesday morning as traders adopted a cautious stance ahead of the Federal Reserve meeting minutes release at 2 p.m. EDT and Nvidia Corp.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Kenya Set For Digital Revolution: Microsoft And G42's Investment In AI And Cloud Infrastructure
May 22, 2024
Microsoft and AI company G42 announced a $1 billion investment to transform Kenya's digital landscape. This initiative, in partnership with Kenya's Ministry of Information, aims to establish a...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Microsoft Launches Team Copilot To Boost Workplace Collaboration
May 21, 2024
Microsoft Corp. (NASDAQ: MSFT) unveiled Team Copilot, an AI assistant designed to enhance team collaboration by taking notes, summarizing key points, and managing deadlines. This launch, part of...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Stocks Hold Steady On Mixed Fed Remarks, First Solar Rallies, Bitcoin Falls Below $70,000: What's Driving Markets Tuesday?
May 21, 2024
It’s a rather quiet session on Tuesday, with major U.S. averages trading around the flatline at midday trading in New York.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Apple Vs. Spotify: iPhone Maker Fights $1.95B EU Fine Over App Store Practices
May 21, 2024
Apple Inc (AAPL) is fighting a $1.95 billion fine from the EU for antitrust violations against Spotify (SPOT). The company has filed an appeal with the General Court in Luxembourg.
Via
Benzinga
Stocks, Gold Reach New Record Highs, Cruise Stocks Rally, GameStop Sinks: What's Driving Markets Monday?
May 20, 2024
Wall Street rallies on Monday as major US indices reach fresh record highs. Metal commodities surge, Treasury yields stay stable. Cruise stocks soar.
Via
Benzinga
Microsoft To Unveil New Surface Devices At Redmond Event
May 20, 2024
Microsoft Corp. (NASDAQ: MSFT) is set to unveil new Surface Pro and Surface Laptop models featuring Qualcomm Inc (NASDAQ: QCOM) Snapdragon X Elite chips with advanced AI capabilities. This significant...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
JD’s Earnings Could Mean Chinese Stocks Making a Comeback
May 20, 2024
JD.com is looking to lead the comeback from Chinese stocks, calling enough attention from Ray Dalio and even Michael Burry making JD his biggest holding today.
Via
MarketBeat
Topics
ETFs
Economy
Exposures
Economy
Interest Rates
Microsoft Unveils AMD-Powered AI Chips To Rival Nvidia: Report
May 17, 2024
Microsoft Corp is set to introduce AMD's MI300X AI chips to its Azure cloud services, challenging Nvidia's dominance. Detailed at the upcoming Build developer conference, this move aims to ease the...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Dow Jones Hits 40,000, Chinese Tech Stocks Jump To 15-Month Highs, Bloodbath On Meme Stocks: What's Driving Markets Thursday?
May 16, 2024
U.S. major stock indices climbed higher on Thursday morning, with the Dow Jones Industrial Average achieving a historic milestone by surpassing 40,000 points.
Via
Benzinga
Topics
Stocks
Exposures
US Equities
S&P 500, Nasdaq 100, Dow Jones Shatter Record Highs In Unstoppable Bull Market Rally
May 15, 2024
The S&P 500, Nasdaq 100 and Dow Jones Industrial Average indices all shattered fresh all-time highs Wednesday, driven by a benign inflation report that boosted risk sentiment among bullish investors.
Via
Benzinga
Topics
Economy
Stocks
Exposures
Interest Rates
US Equities
Wall Street Jumps To All-Time Highs On Soft Inflation, Bond Yields Tumble, Bitcoin Soars, Meme Stocks Face Carnage: What's Driving Markets Wednesday?
May 15, 2024
The S&P 500 and the Nasdaq 100 indices rose to fresh record highs during morning trading on Wednesday following a broadly in-line inflation report and cooler-than-expected retail sales data for April,...
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Wall Street Trades Flat On Mixed Producer Inflation; Meme Stocks See Wild Ride, Bitcoin Drops: What's Driving Markets Tuesday?
May 14, 2024
Wall Street is experiencing a subdued trading session, with all major indices showing minimal movement around midday in New York.
Via
Benzinga
Tech Stocks Inch Higher Ahead Of Key Inflation Data, GameStop Skyrockets, Tencent Fuels China Rally: What's Driving Markets Monday?
May 13, 2024
Wall Street kicked off a data-heavy week on a mixed note as traders await key inflation updates and remarks from Fed Chair Jerome Powell in the coming days.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Microsoft Faces Heightened EU Scrutiny Over Teams Software: Report
May 13, 2024
Brussels gears up to confront Microsoft's dominance in videoconferencing with fresh antitrust charges over Teams. Despite recent proposals, EU regulators remain unconvinced, fearing market manipulation...
Via
Benzinga
Microsoft's €4B French AI Push: Tech Expansion Reportedly Intensifies
May 13, 2024
Join Microsoft as it spearheads France's AI revolution with a €4 billion commitment, part of a global push to fortify cloud and AI infrastructure. Bolstered by local support and Macron's vision, this...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
The Short-Term Uptrend Has Continued
May 11, 2024
The short-term uptrend has continued. The PMO index has risen nicely off its lows, showing that most stocks have transitioned to momentum buys over the last 7 or 8 trading sessions.
Via
Talk Markets
The Correction Is Over As Stocks Bounce Back
May 11, 2024
Notably, the breakout above key resistance and the reversal of the volatility index suggest that the recent correction is over. But there is a decent probability of another correction before November.
Via
Talk Markets
The Important Message From Not-So-Widely Followed Charts
May 11, 2024
In this week's video, we'll demonstrate why there's an important message in a small group of not-so-widely followed charts.
Via
Talk Markets
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