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TECHNOLOGY
(NY:
XLK
)
233.48
+2.35 (+1.02%)
Official Closing Price
Updated: 8:00 PM EST, Nov 21, 2024
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All News about TECHNOLOGY
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Tech, Consumer Discretionary Stocks Fall, Utilities Sector Outperforms On Surprisingly High Inflation, Jobless Claims Data
October 10, 2024
Hotter-than-expected inflation & jump in jobless claims weigh on stocks. Tech & consumer discretionary down, utilities up. Inflation dips but core rises.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
S&P 500 Hits New All-Time High Ahead Of Fed Minutes As Lower Oil Prices Offer Relief: What's Driving Markets Wednesday?
October 09, 2024
The S&P 500 climbed 0.5% during morning trading in New York, reaching a new all-time high by surpassing the 5,770 level, previously touched in late September.
Via
Benzinga
Topics
Economy
Stocks
Exposures
Interest Rates
US Equities
Stocks Rally As Oil Prices Tumble; Tech, Chipmakers Lead As Traders Focus On AI Winners Before Earnings Season: What's Driving Markets Tuesday?
October 08, 2024
After starting the week with a negative session, U.S. markets rebounded on Tuesday, driven by falling oil prices, which helped alleviate concerns about a potential resurgence in inflation.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Visualizing The S&P 500’s Domestic And Foreign Revenues
October 07, 2024
While foreign revenues made up just 28% of the S&P 500’s revenues in 2023, some sectors are more exposed to foreign sales than others.
Via
Talk Markets
Topics
Stocks
Exposures
US Equities
Inflation Trade Goes 3/3
October 07, 2024
The Fed is pouring gas on the coals of inflation. If enough embers remain, it could explode into a full-blown fireball.
Via
Talk Markets
Topics
Economy
Exposures
Interest Rates
Nvidia's GPU Sales at Risk As China Pushes Local AI Chips in Retaliation
October 07, 2024
China's prioritization of domestic AI chips over Nvidia's could affect the company's H20 GPU revenue. China also reportedly ordered its companies to use Huawei chips instead. Nvidia's stock is down and...
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Technology Is Underperforming? Yes, And Here's Where Money Is Flowing Instead
October 05, 2024
The underperformance of technology stocks this year continues to hurt investors who haven't been paying attention to the sector rotation. Things haven't been getting better for tech -- they've only...
Via
Talk Markets
Wall Street Rallies, Small Caps Outperform On Strong Jobs Report, Chinese Stocks Soar To 32-Month Highs: What's Driving Markets Friday?
October 04, 2024
A stronger-than-expected September jobs report fueled gains on Wall Street, overshadowing investor concerns that had been driven by escalating geopolitical tensions in the Middle East earlier this...
Via
Benzinga
Stocks: Are You Missing The Big Picture?
September 28, 2024
In this week's video, we'll review the latest charts to help us answer the question - are you missing the big picture?
Via
Talk Markets
S&P 500 Hits All-Time Highs, Nasdaq 100 Tops 20K Ahead Of Key Economic Data: What's Driving Markets Wednesday?
September 25, 2024
The S&P 500 reached record highs during Wednesday morning trading in New York, while the tech-heavy Nasdaq 100 climbed past the 20,000-point mark, a level last seen on July 17.
Via
Benzinga
Topics
Stocks
Exposures
US Equities
Broadcom Chipset Fuels FS's High-Performance AI Networking Solutions
September 25, 2024
FS announced new 400G & 800G Ethernet switches powered by Broadcom's Tomahawk 5 chipset, for large AI clusters. Ideal for AI, big data, HPC & storage.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Super Micro Unveils Next-Gen Servers Powered by Intel's Latest Xeon Chips
September 24, 2024
Supermicro expands X14 portfolio with new systems based on Intel Xeon 6900 series processors, offering broad range of optimized servers for various workloads.
Via
Benzinga
Broadcom Unveils Next-Gen Sian 2 DSP For High Performance AI Data Centers
September 23, 2024
Broadcom (AVGO) launches Sian 2, a 200 Gbps per lane PAM-4 DSP PHY for AI infrastructure. Goldman Sachs predicts $12B AI revenue by 2024.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Big Problems May Lie Ahead For The Stock Market
September 22, 2024
Stocks chopped around this past week. Liquidity has continued to be an issue, as margin balances fell in August and short sale volume increased.
Via
Talk Markets
A Difficult Market Until October
September 21, 2024
The SPX index hit a new all-time high on Thursday, but it then closed well off its high. The breakout wasn't the best, and combined with the nervousness about the election, I think the market will...
Via
Talk Markets
Wall Street Falls On Triple Witching Day, Fed's Waller Pushes Gold To Fresh Record Highs, FedEx Plummets: What's Driving Markets Friday?
September 20, 2024
Friday was a lackluster session on Wall Street, with major U.S. averages lingering in negative territory at midday trading in New York.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Wall Street Breaks Records, Chipmakers Rally, Tesla Hits 2-Month High As Fed Cut Drives Risk-On Mode: What's Driving Markets Thursday?
September 19, 2024
Wall Street is in full risk-on mode following the Federal Reserve’s landmark decision to slash interest rates by 50 basis points, signaling further cuts as inflation approaches the central bank’s...
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Powell's Hawkish Tone Tempers Market Excitement After Historic 50-Basis-Point Interest Rate Cut, Economist Sees 'Welcome News For Credit-Sensitive Sectors'
September 18, 2024
Wall Street reacted with unease to Federal Reserve Chair Jerome Powell‘s remarks following a landmark decision to cut the federal funds rate by 50 basis points, bringing it down to a target range of...
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Stocks Edge Lower As Fed Rate Decision Looms, Treasury Yields Rise As Odds Improve For Smaller Cut: What's Driving Markets Wednesday?
September 18, 2024
Wall Street is jittery hours before the highly anticipated Federal Open Market Committee (FOMC) meeting, with all major indices posting modest losses by midday in New York.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Stocks Hit New All-Time Highs Ahead Of Rate Cuts
September 17, 2024
The Dow finally has company - the much broader S&P 500 has joined it at the all-time high party. If you sense something missing from this picture, you’re not wrong.
Via
Talk Markets
Topics
Stocks
Exposures
US Equities
Small Caps, Bitcoin Rally As Traders Await Fed Rate Cut; Treasury Yields, US Dollar Tick Up On Strong Retail Sales: What's Driving Markets Tuesday?
September 17, 2024
Wall Street experienced a slightly positive session Tuesday, supported by investor optimism as the Federal Open Market Committee (FOMC) kicked off its two-day meeting, expected to deliver the first...
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Nasdaq 100 Falls As Apple Weighs On Chipmakers; Bonds Rise As Investors Eye 0.5% Rate Cut: What's Driving Markets Monday?
September 16, 2024
Tech stocks kicked off the week on the negative note, driven lower by concerns over weaker-than-expected demand for Apple Inc. (NASDAQ:AAPL)’s latest iPhone 16 mo
Via
Benzinga
Worried About Staggering Tech Valuation? Analyst Says These Stocks Are Poised To Go Higher As Fed Kicks Off 'Rate-Cutting Cycle' This Week
September 16, 2024
Tech stocks could continue to head northward despite stretched valuations, according to a bullish analyst.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
The Case For Owning Preferred Stocks
September 14, 2024
Nvidia just isn’t the big deal it used to be. Now that Nvidia’s stock isn’t climbing astronomically anymore – and has actually seen some significant and repeated drops – it may be the time to remember...
Via
Talk Markets
How Stable Is The Stock Market?
September 13, 2024
In this week's video, we'll review the latest charts to help us answer the question, how stable is the stock market?
Via
Talk Markets
Intel Secures About $2B In State Aid For Poland Chip Plant
September 13, 2024
Intel Corp (NASDAQ: INTC) approved for $1.91 billion in state grants to build new chip plant in Poland. Total investment estimated at $25B.
Via
Benzinga
A Steeper Curve May Cause The Technology Sector To Sink Further
September 12, 2024
I noticed something today that I hadn’t seen before in the same way, and it could help us understand why the equity market behaves in such unusual ways.
Via
Talk Markets
Stocks Edge Up As Producer Inflation Supports Rate Cut Bets, Small Caps, Miners Rally: What's Driving Markets Thursday?
September 12, 2024
At midday on Thursday, Wall Street was showing slight gains, with small caps leading the charge. The Russell 2000 index surged 1.2%, outperforming large-cap indices in a notable rebound.
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Gold Reaches Record High As Dollar Weakens On Soft Producer Inflation Data; Wall Street Eyes Fourth Day Of Gains
September 12, 2024
A broadly softer-than-expected U.S. producer inflation report triggered market shifts on Thursday, driving down the value of the dollar and Treasury yields while boosting gold prices to a new all-time...
Via
Benzinga
Topics
Economy
Exposures
Interest Rates
Analysts Recommend These 3 Sector ETFs for Long-Term Growth
September 12, 2024
Check out these sector ETFs that have the most upside now, based on Wall Street analyst sector ratings and price targets.
Via
MarketBeat
Topics
ETFs
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