Technology Sector Update for 06/14/2024: META, GOOG, GOOGL, AAPL, ON

From Nasdaq: 2024-06-14 15:54:39

Tech stocks were mixed late Friday afternoon with XLK up 0.2% and XSD dropping 1.8%. The Philadelphia Semiconductor index fell 0.1%. Meta is pausing training of its language models in the EU. Google’s motion for summary judgment was denied by a US District Court Judge. Apple may face a fine under the EU’s Digital Markets Act. ON shares fell 4.1% after announcing job cuts.



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