From NASDAQ.: 2024-05-21 13:46:33

Tech stocks showed mixed performance on Tuesday, with XLK up 0.2% and XSD down 0.5%. The Philadelphia Semiconductor index fell by 0.4%. Keysight Technologies (KEYS) saw a 9% drop in shares after missing Q3 guidance estimates.

Fiduciary Trust International, a unit of Franklin Resources (BEN), filed a resolution for Meta (META) to reduce threats to children on social media platforms. Meta shares fell by 1.1%. Amazon Web Services halted orders for Nvidia’s “superchip” for a more powerful model, as reported by the Financial Times. Amazon shares dropped 0.8%, while Nvidia rose 0.1%.



Read more at NASDAQ.: Technology Sector Update for 05/21/2024: KEYS, META, BEN, AMZN, NVDA