Technology Sector Update for 04/26/2024: INTC, MBLY, GOOG, MSFT

From Nasdaq: 2024-04-26 15:47:33

Tech stocks, including XLK and XSD, saw gains in late Friday trading. Intel (INTC) shares dropped 9% after announcing lower-than-expected Q2 earnings. Mobileye Global (MBLY) shares fell 6.1% due to a downgrade by Morgan Stanley. Alphabet (GOOG) shares surged 10% reaching a $2 trillion market cap, with a new dividend and buyback program. Microsoft (MSFT) shares rose 2% after beating Q3 earnings estimates.



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