Tech stocks, including XLK and XSD, fall; Apple faces scrutiny and Broadcom partners with ByteDance.

From Nasdaq: 2024-06-24 13:50:49

Tech stocks, including XLK and XSD, were down in Monday trading. Apple faces scrutiny from the EU for App Store rules, while Broadcom partners with ByteDance to develop AI processors amid US-China tensions. Exela Technologies sees a 15% share jump with a $35 million security contract win. Apple shares are up 1%, while Broadcom shares are down 2%.



Read more at Nasdaq: Sector Update: Tech Stocks Fall Monday Afternoon