From Nasdaq: 2024-04-12 13:47:45

Tech stocks, including XLK and XSD, saw a significant drop on Friday, with XSD tumbling 3.5% and the Philadelphia Semiconductor index falling 3%. Microsoft-backed OpenAI showcased AI services for corporate use, causing Microsoft shares to decline by 1.7%.

Epic Games is pushing for Google to open up its Play Store to competitors for Android app distribution. Alphabet shares fell 1.2%. Meanwhile, NextPlat shares soared by 27% after signing a business agreement with Progressive Care.



Read more at Nasdaq: Technology Sector Update for 04/12/2024: MSFT, GOOG, NXPL