financetom
Market
financetom
/
Market
/
Sector Update: Tech
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Tech
Jul 29, 2024 6:16 AM

08:49 AM EDT, 07/29/2024 (MT Newswires) -- Technology stocks rose in Monday's premarket hours as the SPDR S&P Semiconductor ETF (XSD) was up 0.4% and the Technology Select Sector SPDR Fund (XLK) was 1.1% higher recently.

ON Semiconductor (ON) advanced by over 7% after it reported lower Q2 non-GAAP earnings and revenue that still topped forecasts from analysts polled by Capital IQ.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
HAL shares rise 4%; records highest-ever revenue for FY22
HAL shares rise 4%; records highest-ever revenue for FY22
Apr 4, 2022
HAL share price: Shares of Hindustan Aeronautics Ltd (HAL) rose around 4 percent on Monday and hit their all-time high at Rs 1,592.35 today. Today's upswing came after the company said that it has recorded its highest-ever revenue of over Rs 24,000 crore (provisional and unaudited) for the financial year ended on March 31, 2022 which means a 6 percent revenue growth over the previous financial year. The corresponding figure for the previous year stood at Rs 22,755 crore.
March FMCG sales fall; down-trading witnessed across categories
March FMCG sales fall; down-trading witnessed across categories
Apr 4, 2022
The impact of inflation and price hikes is being seen on-ground in FMCG sales at kirana stores. Data from Bizom shows FMCG sales fell over 5 percent in March compared to February. The report further states that monthly sales per kirana stores also fell over 10 percent.
HDFC twins merger: Ability to organically get priority sector assets better now, says HDFC Bank CEO
HDFC twins merger: Ability to organically get priority sector assets better now, says HDFC Bank CEO
Apr 4, 2022
CNBC-TV18’s Ritu Singh was in conversation with Sashidhar Jagdishan, Managing Director & CEO, HDFC Bank. Jagdishan talked about the merger and the road ahead.
Adar Poonawalla at IBLA: Serum, Biocon aim to leverage the ability to make monoclonal antibodies
Adar Poonawalla at IBLA: Serum, Biocon aim to leverage the ability to make monoclonal antibodies
Apr 4, 2022
Speaking from the sidelines of CNBC-TV18 India Business Leader Awards 2022, Adar Poonawalla, CEO of Serum Institute of India said partnership with Biocon not limited to COVID vaccines. He said Serum, Biocon aim to leverage the ability to make monoclonal antibodies as well.
Copyright 2023-2025 - www.financetom.com All Rights Reserved