2023-01-25 18:54:43

Technology Sector Update for 01/25/2023: EXTR, TIGO, APH

Logo Nasdaq
Nasdaq
By Mt Newswires

Technology stocks continue to weigh on the broader markets Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) falling 0.9% while the Philadelphia Semiconductor Index was sliding 0.8%.

In company news, Extreme Networks (EXTR) tumbled more than 17% after the communications equipment company said Chief Financial Officer Remi Thomas will step down next month. Cristina Tate, the head of financial planning and analysis at Extreme, will be interim CFO until a permanent successor is selected, the company said.

Continue read on nasdaq.com

Logo Benzinga
Business / FinanceBy Anusuya Lahiri2023-01-25 15:07:18
Extreme Networks, Inc EXTR reported a second-quarter FY23 revenue growth of 13% year-on-year to $318.3 million, beating the consensus of $304.4 million....

Logo Benzinga
Business / FinanceBy Business Wire2023-01-25 12:06:00
Extreme Networks, Inc. EXTR, a leader in cloud networking, today announced that its CFO, Rmi Thomas, has accepted a position at a privately held software...

Logo Benzinga
Business / FinanceBy Business Wire2023-01-25 12:05:00
Delivers Consistent Double-Digit Growth and Raises FY23 Revenue Outlook Extreme Networks, Inc. ("Extreme") EXTR today released financial results for its...

Logo Nasdaq
Business / FinanceBy Mt Newswires2023-01-25 14:05:51
Technology stocks were retreating premarket Wednesday. The Technology Select Sector SPDR Fund ( XLK ) and the iShares Semiconductor ETF ( SOXX ) were each...

Logo Nasdaq
Business / FinanceBy Bnk Invest2023-01-25 16:45:39
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the...

Logo Nasdaq
Business / FinanceBy Mt Newswires2023-01-25 14:18:44
Financial stocks were declining pre-bell Wednesday as the Financial Select Sector SPDR Fund ( XLF ) was declining by 0.8% recently. The Direxion Daily...

Logo Nasdaq
Business / FinanceBy Mt Newswires2023-01-24 20:55:50
Technology stocks were edging lower on late Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) declining 0.4% while the Philadelphia...

Logo Nasdaq
Business / FinanceBy Mt Newswires2023-01-24 20:59:03
Consumer stocks were ending narrowly mixed during Tuesday trading following early sluggishness after 3M (MMM) announced plans to cut around 2,500 jobs,...

Logo Nasdaq
TechnologyBy Zacks2023-01-25 15:05:00
The world's largest software maker Microsoft MSFT reported strong second-quarter fiscal 2022 results, beating earnings estimates. However, it missed revenue...

Logo Nasdaq
Business / FinanceBy Bnk Invest2023-01-25 15:55:18
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P Total...

Logo Nasdaq
Business / FinanceBy Mt Newswires2023-01-24 20:57:12
Financial stocks were edging higher in late Tuesday trading, with the NYSE Financial Index up 0.1% and the Financial Select Sector SPDR Fund (XLF) still...

Logo Nasdaq
Business / FinanceBy Mt Newswires2023-01-25 19:03:04
Health care stocks were drifting lower this afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) both sinking 0.2%....

Logo Nasdaq
Business / FinanceBy Mt Newswires2023-01-25 18:46:54
Financial stocks were beginning to recover Wednesday afternoon trading, with the NYSE Financial Index falling just 0.1% and the Financial Select Sector SPDR...

Logo Nasdaq
Business / FinanceBy Bnk Invest2023-01-24 20:04:00
The worst performing sector as of midday Tuesday is the Healthcare sector, showing a 1.2% loss. Within that group, Catalent Inc (Symbol: CTLT) and 3M Co...

Logo Nasdaq
Business / FinanceBy Mt Newswires2023-01-24 20:56:59
Health care stocks edged above their midday lows, with the NYSE Health Care Index sinking 0.8% Tuesday afternoon while the Health Care Select Sector SPDR...

Logo PR Newswire
DALLAS, Jan. 25, 2023 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) will webcast the company's capital management review on Thursday,...

Logo Nasdaq
Business / FinanceBy Mt Newswires2023-01-25 14:19:35
Energy stocks were leaning lower premarket Wednesday with the Energy Select Sector SPDR Fund ( XLE ) declining by 0.38% recently. The United States Oil Fund...

Logo Nasdaq
Business / FinanceBy Mt Newswires2023-01-25 14:15:41
Health care stocks were mixed premarket Wednesday. The Health Care Select Sector SPDR Fund ( XLV ) was slipping by 0.62% and the iShares Biotechnology ETF (...

Logo Nasdaq
TechnologyBy Zacks2023-01-24 19:46:00
Many semiconductor-related stocks faced adverse price action in 2022 due to oversupply and other economic forces negatively impacting business conditions....

Logo Nasdaq
TechnologyBy Zacks2023-01-25 16:05:00
The semiconductor space has been surging over the past three months on improving demand from chips suppliers, data centers, PC manufacturers, and mobile...