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The Select Sector SPDR Trust - The Technology Select Sector SPDR Fund (XLK)

NYSE Arca - NYSE Arca Delayed Price. Currency in USD
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57.05-0.02 (-0.04%)
At close: 4:00PM EDT
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Previous Close57.07
Bid57.12 x 1000
Ask57.48 x 1000
Day's Range56.67 - 57.17
52 Week Range45.80 - 58.48
Avg. Volume12,018,100
Net Assets17.07B
PE Ratio (TTM)19.11
YTD Return19.13%
Beta (3y)1.07
Expense Ratio (net)0.14%
Inception Date1998-12-16
Trade prices are not sourced from all markets
  • Barrons.com4 days ago

    Data: An Increasingly Important Strategic Asset For Tech Companies

    Earlier this week, a judge ruled that Microsoft’s (MSFT) LinkedIn is not allowed to block access to web scraping vendors. Barclay’s Raimo Lenschow and Saket Kalia write that the ruling reinforces the idea that data is a major strategic asset for companies going forward. More from their note: Salesforce (CRM) had previously argued that blocking access to this data was a major competitive concern in the LinkedIn/Microsoft deal, and we see this event as a confirmation that some of CRM's points were valid.

  • Barrons.com4 days ago

    The Second Quarter's Best Performing Sectors Were…

    With nearly all of the companies in the S&P 500 reporting earnings, CFRA’s Lindsey Bell takes a look at trends from the quarter, writing that corporate fundamentals remains strong. Higher crude prices helped 72% of energy companies beat revenue estimates, but many companies’ bottom lines disappointed, with just 47% beating earnings estimates. Technology posted impressive growth of 20.7% in the quarter, Bell writes, its fourth straight quarter recording double digit growth—that hasn’t happened since the first quarter of 2012.

  • Barrons.com4 days ago

    Cryptocurrency Mining Is Confusing Semiconductor Makers' GPU Trends

    Wells Fargo's David Wong and his team take a look at the graphics processor unit (GPU) business for semiconductor companies, writing that GPUs continue to see high growth, a factor that's boosted by their use for cryptocurrency mining. Ultimately Wong expects that the possibility that growth might moderate from the very strong year-over-year growth in the GPU market, along with uncertainty about the graphics demand for cryptocurrency, as well as competitive pressures from Advanced Micro Devices (AMD) could be a risk for Nvidia (NVDA), which he rates Underperform. First, a little detail--while GPUs' high growth continues, cryptocurrency confuses the results: Nvidia’s gaming platform revenue grew 52% year/year and increased 15% sequentially to $1.186 billion in its July quarter.