Technology Sector Update for 04/30/2024: MSTR, FFIV, NXPI, XLK, XSD

From Nasdaq: 2024-04-30 09:11:59

Technology stocks, including XLK down 0.5% and XSD flat, were lower premarket. MicroStrategy (MSTR) fell over 6% after reporting a Q1 non-GAAP loss. NXP Semiconductors (NXPI) rose over 4% reporting higher Q1 non-GAAP net income and revenue. F5 (FFIV) dropped over 10% after reporting lower fiscal Q2 revenue at $681.4 million and issuing weak fiscal Q3 guidance.

Read more at Nasdaq: Technology Sector Update for 04/30/2024: MSTR, FFIV, NXPI, XLK, XSD