Sector Update: Tech Stocks Rise Tuesday Afternoon

MT Newswires Live

Sep 25, 2024

Tech stocks gained Tuesday afternoon with the Technology Select Sector SPDR Fund (XLK) up 0.8% and the SPDR S&P Semiconductor ETF (XSD) adding 1.4%.

The Philadelphia Semiconductor index advanced 1.7%.

In corporate news, Smartsheet (SMAR) agreed to be acquired by Blackstone (BX) and Vista Equity Partners for $8.4 billion in cash. Smartsheet shares jumped 6.5% and Blackstone rose 0.1%.

EHang (EH) shares jumped 12% after the company said Tuesday it completed the first flight of its EH216-S, a pilotless electric vertical takeoff and landing aircraft, in Brazil.

Banzai (BNZI) shares soared 75% after it said Tuesday its lenders and service providers agreed to write off up to $5.6 million of outstanding debt and restructure $19.2 million of existing obligations.

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Smartsheet shares jumped 6.5% and Blackstone rose 0.1%.</p><p>EHang (EH) shares jumped 12% after the company said Tuesday it completed the first flight of its EH216-S, a pilotless electric vertical takeoff and landing aircraft, in Brazil.</p><p>Banzai (BNZI) shares soared 75% after it said Tuesday its lenders and service providers agreed to write off up to $5.6 million of outstanding debt and restructure $19.2 million of existing obligations.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4135","symbol_name":"资产管理与托管银行","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2470410630","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2470410630","pubTimestamp":1727200541,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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Smartsheet shares jumped 6.5% and Blackstone rose 0.1%.EHang (EH) shares jumped 12% after the company said Tuesday it completed the first flight of its EH216-S, a pilotless electric vertical takeoff and landing aircraft, in Brazil.Banzai (BNZI) shares soared 75% after it said Tuesday its lenders and service providers agreed to write off up to $5.6 million of outstanding debt and restructure $19.2 million of existing obligations.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}