Sector Update: Tech Stocks Ease in Late Afternoon

MT Newswires Live06-28

Sector Update: Tech Stocks Ease in Late Afternoon Tech stocks eased in late Thursday afternoon trading with the Technology Select Sector SPDR Fund (XLK) down 0.1% and the SPDR S&P Semiconductor ETF (...

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The non-profit organization and a coalition of allies sent two letters to the National Telecommunications and Information Administration and Department of Justice, urging them to end VeriSign's monopoly. VeriSign shares fell 0.5%.CleanSpark (CLSK) agreed to buy Griid Infrastructure (GRDI) in an all-stock deal with a total enterprise value, including the assumption of debt, of $155 million. CleanSpark shares were little changed, Griid tumbled 49%.Micron Technology (MU) forecast sales of $7.6 billion, plus or minus $200 million, for Q4. Analysts polled by Capital IQ expect $7.58 billion. \"Micron tumbled after an unimpressive current-quarter forecast and dragged down chip stocks, while caution ahead of economic data and a presidential debate also dented sentiment,\" D.A. Davidson said in a note. Micron shares slumped 7.3%.Concentrix (CNXC) shares rose 8.4%, a day after the company posted higher fiscal Q2 non-GAAP diluted earnings and revenue.","kind":null,"is_publish_news":false,"is_publish_highlight":false,"is_publish_live":true,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.26.4","shortVersion":"4.26.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2446987567"}