Sector Update: Tech Stocks Rise Premarket Thursday

MT Newswires Live
2024-11-14

Technology stocks rose premarket Thursday, with The Technology Select Sector SPDR Fund (XLK) up 0.1% and the SPDR S&P Semiconductor ETF (XSD) marginally higher.

ASML Holding (ASML) shares were up past 4% after the company said it expects sales in 2030 to range from 44 billion euros ($46.23 billion) to 60 billion euros, with a gross margin of about 56% to 60%.

NetEase (NTES) stock was over 5% higher even after the company reported lower Q3 adjusted earnings and net revenue.

Zeta Global (ZETA) shares were up over 8% after the company said its board authorized a stock repurchase program for up to $100 million of its Class A common stock through Dec. 31, 2026.

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