Technology Sector Update for 01/08/2024: AAPL, NVDA, UPWK
From Nasdaq:
Tech stocks surged on Monday, with XLK and XSD rising 2% and 3.1% respectively, while the Philadelphia Semiconductor index climbed 3.2%. Apple shares gained 1.7% after announcing the launch of its Vision Pro mixed-reality headset. Nvidia plans to start production of its H20 artificial intelligence chip for China in Q2, causing shares to jump 5%. Upwork surged by over 10% after being upgraded to a buy by Jefferies.
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