Technology stocks rose premarket Thursday as the Technology Select Sector SPDR Fund (XLK) advanced by 0.6% and the SPDR S&P Semiconductor ETF (XSD) was up 0.1% recently.
EPAM Systems (EPAM) shares rose by 11% after the company reported higher Q3 adjusted earnings and revenue. The company also raised its outlook for the full year.
Coherent (COHR) shares were up over 6% after the company reported higher fiscal Q1 non-GAAP earnings and revenue.
Datadog (DDOG) shares were over 2% lower even after the company reported higher Q3 non-GAAP net income and revenue, and raised its guidance for the full year.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.