From Nasdaq: 2024-07-03 12:41:30

Tech stocks, including XLK and XSD, saw gains on Wednesday, with the Philadelphia Semiconductor index rising by 2.1%. Jeff Bezos plans to sell 25 million shares of Amazon, valued at $4.93 billion, causing a 1.4% drop in Amazon shares.

Mark Zuckerberg announced that Meta Platforms’ app Threads now has over 175 million monthly active users. Nano Dimension is set to acquire Desktop Metal for $135 million to $183 million in cash, leading to a 19% surge in Desktop Metal shares and a 17% jump in Nano Dimension stock.



Read more at Nasdaq: Sector Update: Tech Stocks Gain Wednesday Afternoon