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TECHNOLOGY (NY: XLK )

215.35 +0.69 (+0.32%)
Streaming Delayed Price Updated: 1:36 PM EDT, May 22, 2024 Add to My Watchlist
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Press Releases about TECHNOLOGY

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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
New price targets could erase Cisco's 3.1% dividend yield soon
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?
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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