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Technology Sector Update for 02/09/2023: AFRM, CYBR, ASX, XLK, SOXX – Stocks to Watch
  • Fri. May 3rd, 2024

Technology Sector Update for 02/09/2023: AFRM, CYBR, ASX, XLK, SOXX

ByMTNewswires

Feb 9, 2023
Voya Financial (VOYA) Q3 Earnings and Revenues Top Estimates

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Technology stocks were rallying pre-bell Thursday. The Technology Select Sector SPDR Fund (XLK) and the iShares Semiconductor ETF (SOXX) were gaining over 1% in value recently.

Affirm Holdings (AFRM) was slipping past 15% after it reported a fiscal Q2 loss of $1.10 per diluted share, wider than a per-share loss of $0.57 a year earlier. Analysts polled by Capital IQ expected a per-share loss of $0.95.

CyberArk Software (CYBR) reported Q4 non-GAAP diluted earnings of $0.16 per share, down from $0.28 a year earlier. Analysts polled by Capital IQ expected $0.12. CyberArk Software was up more than 4% recently.

ASE Technology Holding (ASX) reported revenue of NT$45.13 billion ($1.48 billion) in January, down 7.1% from NT$48.57 billion a year earlier. ASE Technology was over 2% higher recently.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Image and article originally from www.nasdaq.com. Read the original article here.