From Nasdaq: 2024-04-11 13:55:50

Tech stocks saw gains on Thursday afternoon, with XLK and XSD rising 1.4%. The Philadelphia Semiconductor Index also climbed 1.7%. Blackbaud (BLKB) shares surged over 6% following reports of a potential buyout offer from Clearlake Capital.

Amazon CEO Andy Jassy aims to reduce costs while increasing AI investment, leading to a 1.5% rise in AMZN shares. Echostar’s Dish Network is considering funding offers from private credit firms to address $20 billion debt, pushing SATS shares up by 4.6%.



Read more at Nasdaq: Technology Sector Update for 04/11/2024: BLKB, AMZN, SATS