From NASDAQ: 2024-05-17 09:06:34

Technology stocks showed a mixed performance pre-bell Friday, with XSD up by 1.4% and XLK up by 0.3%. DXC Technology plunged over 23% after reporting lower fiscal Q4 earnings and revenue, as well as issuing estimates that fell short of analysts’ projections.

Reddit partners with Microsoft-backed OpenAI’s ChatGPT, boosting its stock by over 11% premarket. Meanwhile, Take-Two Interactive Software saw a 0.3% decrease after reporting a wider fiscal Q4 loss on declining revenue.



Read more at NASDAQ: Technology Sector Update for 05/17/2024: DXC, RDDT, MSFT, TTWO, XSD, XLK