From Nasdaq: 2024-04-10 15:53:50

Tech stocks, including XLK and XSD, saw declines late Wednesday. The Philadelphia Semiconductor index dropped by 1.5%. Nvidia shares, on the other hand, rose 2.1% after Morgan Stanley raised its price target to $1,000, citing expected business growth.

Wallbox shares fell by 8% following the appointment of Luis Boada as CFO. Meta shares rose by 0.5% with the launch of new AI-focused chips. Smart Global shares saw a sharp 25% decline after reporting lower fiscal Q2 earnings and sales compared to the previous year.



Read more at Nasdaq: Technology Sector Update for 04/10/2024: NVDA, WBX, META, SGH