NYSEArca - Nasdaq Real Time Price USD

Technology Select Sector SPDR Fund (XLK)

195.14

-2.89

(-1.46%)

As of 9:38 AM EDT. Market Open.

How big will tech earnings be for markets? Top Takeaways

Do the markets bow to Big Tech or are tech leaders influenced by broader market trends? Big Tech weighs heavily on the stock market (^DJI, ^IXIC, ^GSPC) this earnings season after the run-ups — and eventual declines — in stocks comprising the Magnificent Seven. Yahoo Finance's Head of News Myles Udland and Markets Reporter Josh Schafer join Market Domination Overtime to talk about earnings forecasts for dominant tech companies like Nvidia (NVDA) and where the biggest catalysts lie this earnings season. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.

Yahoo Finance Video yesterday

XLK
-1.46%
^IXIC

NVDA
Maybe it's time to move away from tech, Mag. 7: Strategist

Several names in the Magnificent Seven are gearing up to release their first-quarter earnings, with much of Wall Street waiting with bated breath as these tech giants hold much of the value of the S&P 500 (^GSPC). Despite seeing historic gains with these names, some on Wall Street grow concerned over future performance, causing hesitation for further investment in the tech sector. Ladenburg Asset Management CEO and Osaic Chief Market Strategist Phil Blancato joins Market Domination to give insight into the upcoming week of tech earnings and what investors need to keep in mind when buying into the sector. Blancato gives advice as to how to proceed during times of uncertainty: "If you have money there and you haven't taken any profits especially with a bounce like this, I do have a CAPE [ratio] moving some of that money away in the traditionally more defensive sectors... I want to see it earn a dividend. I think the energy sector is really underpriced, the financials have really come back and are quite strong and have hung in there real well."  He continues: "The other parts of the market that have better valuations are going to get you through the next two quarters. The next two quarters are difficult because we are seeing a gradual slowdown in the labor market, for example, you look at the number of open jobs versus the number of people looking, that number's continuing to narrow." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino

Yahoo Finance Video yesterday

^GSPC

^IXIC

XLK
-1.46%
'Magnificent Seven' market dominance 'not unique': Strategist

Tesla (TSLA), Microsoft (MSFT), Alphabet (GOOGL, GOOG), and Amazon (AMZN) -four of the "Magnificent Seven" - are gearing up to release their latest quarterly earnings this week. Much of Wall Street is eagerly awaiting these earnings, considering how much weight in the major indexes these stocks hold. Goldman Sachs Global Chief Equity Strategist Peter Oppenheimer joins Yahoo Finance to give insight into the upcoming week of Big Tech earnings and puts the market dominance from these companies in a historical context, extrapolating what can be learned from the past. Oppenheimer says Big Tech's dominance is "not unique historically. We've had the largest companies in the index of typically been somewhere between 5% and 20%. So if you went back to the 1960s, for example, the big car companies were as big in the index as the bigger technology companies are today." He continues with: "One of the things I would say is very positive is that there have been times, on occasion, in the past when the biggest companies have been very expensive and they've really reflected hopes and expectations of future profits rather than current strong results...It's not unique to have the concentration or the size and scale of companies that we're seeing currently, but the rather good thing, I think, is that these companies are actually achieving very, very strong profitability. " For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino

Yahoo Finance Video yesterday

XLK
-1.46%
'Tech outside the US' as a better opportunity in tech: Strategist

As big names in tech Amazon (AMZN) and Microsoft (MSFT) gear up to report their latest quarterly earnings, many on Wall Street look towards this week for a signal as a to how the market may move, considering the weight of these companies within the S&P 500 (^GSPC). But, could there be more to the story for the tech sector? TPQ Advisory Founder & CIO Jay Pelosky joins Yahoo Finance to give insight into the performance of the tech sector and why he is looking outside of the US for opportunities in the tech sector. Pelosky offers his views on China's tech sector: "We're more keen on tech outside the United States, and in particular, in China. And so, we have identified what we call a two-tech stack divide between the US and China, where both countries are basically sealing off their tech sectors from each other, and we think that creates a real opportunity within China tech, which has been a huge laggard versus the US. Its e-commerce market is twice the size of the US, growing at 10% per annum, and the stocks, like Alibaba (BABA), Tencent (0700.HK), etc, are trading at a 50 to 60% discount to the United States tech stocks." For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino

Yahoo Finance Video 2 days ago

MSFT

XLK
-1.46%
META
Is tech innovation being stalled by higher interest rates?

With interest rates remaining elevated and uncertainty surrounding the Federal Reserve's next steps in its monetary policy, Techstars CEO Maëlle Gavet joins Yahoo Finance to share her perspective on how higher rates are hampering tech innovation. Gavet notes that higher interest rates "limit the ability for venture capital firms to raise funds," which consequently reduces their capacity to invest in innovative startups. This environment, in turn, makes it increasingly difficult for startups to grow their businesses, creating a continued cycle. Gavet points out that due to persistently high inflation numbers, it becomes challenging for the Fed to cut rates. Although markets (^DJI, ^IXIC, ^GSPC) are hoping to see an interest rate cut sometime in 2024, she states that she is "not seeing a fundamental change" in inflation that instills confidence in the Fed's willingness to pursue such a move. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Angel Smith

Yahoo Finance Video 2 days ago

XLK
-1.46%
Mag 7 is 'over-owned', trade on strength instead: Strategist

Big Tech is next on deck to report earnings results this week, injecting some enthusiasm into the stock market (^DJI, ^IXIC, ^GSPC) after April declines. Longview Economics CEO and Chief Market Strategist Chris Watling joins Yahoo Finance to share his insights on the market outlook. Watling notes that most corrections are "good things for the market," saying he wouldn't be surprised if volatility persists. Watling advises investors to "think about selling into strength" as he foresees shifts in the global market. He encourages investors to look beyond the Magnificent Seven tech stocks, stating: "Every man and his dog owns the Magnificent Seven, it's over-owned. We need to rotate into something else." Regarding the uncertain expectations for interest rate cuts from the Federal Reserve, Watling acknowledges that they have been continuously readjusted and priced out. However, he highlights that "there's plenty of upside" in many stocks, as the market is in a rate-cutting cycle. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Angel Smith

Yahoo Finance Video 2 days ago

TSLA

^IXIC

AAPL
These five companies have an outsized impact on the S&P 500

This week will see a slew of Big Tech company earnings with names like Meta (META), Alphabet (GOOG,GOOGL), and Microsoft (MSFT). While only representing a small percentage of the tech sector, the weight of the companies on the broader market is significant. Yahoo Finance Reporter Josh Schafer breaks down the upcoming week for tech earnings and what it could mean for the overall market. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino

Yahoo Finance Video 2 days ago

META

GOOG

NVDA
Stocks moving higher ahead of this week's Big Tech earnings

Equity markets (^DJI, ^IXIC, ^GSPC) are all moving higher Monday morning as several Big Tech companies are set to report earnings later this week. Yahoo Finance Co-Hosts Seana Smith and Madison Mills preview the Magnificent Seven tech stocks on deck to post first-quarter earnings results, while also eyeing the latest EV price war playing out in China between Tesla (TSLA) and Li Auto (Li). For more expert insight and the latest market action, click here to watch this full episode. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 2 days ago

^DJI

TSLA

^IXIC
Tech earnings will test the market's strength: Strategist

Mounting geopolitical pressures and stocks not reacting as positively to earnings results as Wall Street had hoped, concerns over the strength of the market are beginning to creep in. Big names in tech — including Microsoft (MSFT) and Amazon (AMZN) will report their latest quarterly earnings in the coming weeks — have helped lead the recent rally seen in the market. State Street Global Markets Head of Equity Research Marija Veitmane joins Yahoo Finance to discuss what will test the mettle of markets the most, including geopolitical woes and Big Tech earnings. "Next week we have a big tech week which is hopefully one part of the market that consensus is very constructive for and that is part of the market that maybe is less affected by [interest] rate hikes, companies are larger, balance sheets are stronger. So that is potentially something [that] can kind of put floor under stocks," Veitmane explains. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino

Yahoo Finance Video 5 days ago

GC=F

XLK
-1.46%
^DJI
Here’s What’s Happening in Markets: April 18

Markets turn higher, aiming to break a 4-day losing streak, ahead of major tech companies earnings reports.

etf.com 6 days ago

DIA
-1.36%
CONL

BITX
Steering Clients Through Unstable Markets

Paul Schatz avoids hot stocks while seeing opportunities in bonds and off-the-radar stocks.

etf.com 7 days ago

QQQ

XLK
-1.46%
BOTZ
Nvidia Correction Helps Advisors Talk Diversification

As FOMO takes a vacation, a time for meaningful advice emerges.

etf.com 8 days ago

BOTZ

XLK
-1.46%
SMH
-0.50%
Advisors Should Embrace Artificial Intelligence

Opto Investments’ Jacob Miller sees plenty of room to participate early in AI investing.

etf.com 12 days ago

XLK
-1.46%
BOTZ

SMH
-0.50%
Earnings season to test breadth of stock market rally

First quarter earnings reports are expected to show signs that other areas of the market could catch up to tech's growth later in 2024.

Yahoo Finance 15 days ago

^IXIC

SPY

^GSPC
Lagging Mag 7 stocks may mean 'new life' for other sectors

Markets are hard-pressed this week over a barrage of headlines and market trends: March CPI (Consumer Price Index) is due out, companies are to report first-quarter earnings, crude oil prices (CL=F, BZ=F) are swinging higher, and anticipation over what to expect from lagging Magnificent Seven member stocks.  Charles Schwab Chief Global Investment Strategist and Managing Director Jeffrey Kleintop sits down with Yahoo Finance Live to discuss which headline event is affecting equity markets (^DJI, ^IXIC, ^GSPC) the most. "We've been so powered by those Mag Seven stocks and now showing signs of weakening... we're starting to see new life from other sectors. Analyst outlook for broadening earnings outlook isn't just hope, it's supported by the Global Manufacturing Purchasing Manager's Index, my favorite economic statistic," Kleintop explains. "That rose to 50.6 in March. that release marked the second month in a row above 50.7, the dividing line between growth and recession after spending 18 months below 50..." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.

Yahoo Finance Video 15 days ago

TSLA

^DJI

AMZN
Are Tech Stocks a Separate Asset Class?

ETFs help prompt a modern view of asset allocation

etf.com 17 days ago

XLK
-1.46%
QQQ

SPXT
The two best-positioned megacap tech stocks in 2024: Analyst

Amazon (AMZN) and Meta Platforms (META) were among the tech stock leaders who drove growth in the S&P 500 (^GSPC) throughout 2024's first quarter. The two Magnificent Seven members are Wells Fargo Senior Analyst Ken Gawrelski's top stock picks for the tech sector. Amazon is "making many fundamental improvements in logistics capabilities and efficiencies. So, we expect margins to continue to inflect higher in the retail business," Gawrelski tells Yahoo Finance. "The second business, which is AWS [Amazon Web Services], their cloud business, that was also an inflection in 2023, but that inflection was there after a steep decline of growth from 2022 to 2023." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Luke Carberry Mogan.

Yahoo Finance Video 21 days ago

XLK
-1.46%
AMZN

META
Market is 'evolving' towards consumer discretionary: Strategist

In the first quarter of 2024, many of the AI-led tech companies performed well, with some of the Magnificent Seven experiencing a fall from grace. With some uncertainty moving ahead, and a potential pullback from historic highs, Citi has downgraded the tech sector from Overweight to Market Weight, citing a broadening out of market gains, while upgrading the consumer discretionary sector to Overweight. Citi US Equity Strategist Scott Chronert joins Yahoo Finance to break down the calls for these sectors and take a look into how the market may perform moving forward. Chronert elaborates on his position: "The market's evolving, the market's evolving away from the tech and cyclical leadership that we've had since early November. We think we're starting to see signs that the market is gradually positioning in favor of those parts of the market that should at the margin benefit from an eventual Fed [Federal Reserve] pivot, consumer [discretionary] is front and center on that. " For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

Yahoo Finance Video 22 days ago

^GSPC

XLY
-1.61%
^IXIC
AI-powered stocks will face increasingly stiff competition: Analyst

The tech sector has been on a run with chip powerhouse Nvidia (NVDA) leading the charge with an incredible 86% gain year-to-date. Many of the big names in tech — Amazon (AMZN), Apple (AAPL), Alphabet (GOOG, GOOGL), Nvidia (NVDA), Meta (META), Microsoft (MSFT), and Tesla (TSLA) — have been grouped together and referred to as The Magnificent Seven, but some, like Apple and Tesla, have fallen off from great heights. Now, investors are chattering over whether or not tech can weather any potential storms in the market. TECHnalysis Research President and Chief Analyst Bob O'Donnell joins Yahoo Finance to break down the recent movements in the tech sector and how its major players can operate moving forward. O'Donnell talks about potential leaders in tech for the long-term: "The one thing is, Nvidia's got 90% share. Anybody who's got 90% share is going to lose a little share. But, that doesn't mean they still can't grow organically from where they are. You're just going to see a lot more competitors. If we look at it collectively, I still think there is several years of growth in the collective semiconductor market for AI-powered stuff. So, you're going to see, as I said, I talked about AMD (AMD). Intel (INTC) will be interesting to see." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

Yahoo Finance Video 23 days ago

GOOG

META

TSLA
The S&P 500 is up 5 months straight — and history favors momentum

The S&P 500 has had a remarkable run over the past five months, chalking up a 25% gain. But contrary to feelings that things have risen too quickly, history says that strength begets strength.

Yahoo Finance 29 days ago

^TNX

^IXIC

DX-Y.NYB

Performance Overview

Return	XLK	Category
YTD	+3.05%	+8.66%
1-Year	+35.70%	+31.83%
3-Year	+12.49%	+3.17%

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Technology Select Sector SPDR Fund (XLK)

How big will tech earnings be for markets? Top Takeaways

Maybe it's time to move away from tech, Mag. 7: Strategist

'Magnificent Seven' market dominance 'not unique': Strategist

'Tech outside the US' as a better opportunity in tech: Strategist

Is tech innovation being stalled by higher interest rates?

Mag 7 is 'over-owned', trade on strength instead: Strategist

These five companies have an outsized impact on the S&P 500

Stocks moving higher ahead of this week's Big Tech earnings

Tech earnings will test the market's strength: Strategist

Here’s What’s Happening in Markets: April 18

Steering Clients Through Unstable Markets

Nvidia Correction Helps Advisors Talk Diversification

Advisors Should Embrace Artificial Intelligence

Earnings season to test breadth of stock market rally

Lagging Mag 7 stocks may mean 'new life' for other sectors

Are Tech Stocks a Separate Asset Class?

The two best-positioned megacap tech stocks in 2024: Analyst

Market is 'evolving' towards consumer discretionary: Strategist

AI-powered stocks will face increasingly stiff competition: Analyst

The S&P 500 is up 5 months straight — and history favors momentum

Performance Overview