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Sector Update: Tech Stocks Mixed Late Afternoon Tech stocks were mixed in late Thursday afternoon trading, with the Technology Select Sector SPDR Fund (XLK) rising 0.9% and the SPDR S&P Semiconductor ETF (XSD) shedding 0.8%.The Philadelphia Semiconductor index was down 0.4%.In corporate news, Micron Technology (MU) shares were sliding 4% after BNP Paribas Exane downgraded its rating on the stock to underperform from outperform.Microsoft-backed (MSFT) OpenAI announced the launch of another artificial intelligence model called the o1. Available in preview, the model can "reason through complex tasks and solve harder problems than previous models in science, coding and math," OpenAI said. Separately, Microsoft named Carolina Dybeck Happe as chief operating officer. Microsoft shares added 0.8%.Unity Software (U) shares jumped 9.6% after the company said it will cancel the runtime fee for games, effective immediately, and revert to a seat-based subscription model for gaming customers.Nokia
时间:2024-09-13 03:58:24 市场: 美股 综合
Sector Update: Tech Stocks Rise Thursday Afternoon Tech stocks gained Thursday afternoon trading with the Technology Select Sector SPDR Fund (XLK) rising 1.1% and the SPDR S&P Semiconductor ETF (XSD) climbing 0.4%, erasing earlier losses.The Philadelphia Semiconductor index rose 0.5%.In corporate news, Microsoft (MSFT) named Carolina Dybeck Happe as chief operating officer. Separately, the company is cutting 650 jobs at its Xbox division following the Activision Blizzard acquisition, Bloomberg reported. Microsoft shares rose 0.4%.Unity Software (U) shares jumped 10% after the company said it will cancel the runtime fee for games, effective immediately, and revert to a seat-based subscription model for gaming customers.Nokia (NOK) approached potential candidates about replacing Pekka Lundmark as chief executive officer, the Financial Times reported. Nokia shares rose 0.1%.
时间:2024-09-13 01:53:46 市场: 美股 综合