Technology sector ETF surges with all 65 components gaining ground, led by Adobe [MarketWatch]
Adobe Inc. (ADBE)
Last adobe inc. earnings: 3/12 04:05 pm
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Source: MarketWatch
Technology sector ETF surges with all 65 components gaining ground, led by Adobe The technology sector's bounce Tuesday was practically unanimous, as the SPDR Techology Select Sector ETF XLK, +2.14% rose 1.6% with all 65 equity components gaining ground. The top gainer was Adobe Inc.'s stock ADBE, +8.13% which rose 7.1% after the software company provided an upbeat outlook . The other top gainers are shares of Arista Networks Inc. ANET, +4.97% up 2.8%, and Autodesk Inc. ADSK, +4.30% up 2.7%. Among the most active components, Advanced Micro Devices Inc.'s stock AMD, +2.49% tacked on 0.4%, Micron Technology Inc. shares MU, +0.94% rose 1.2% and Microsoft Corp. shares MSFT, +2.77% advanced 2.0%. The technology ETF was still down 2.2% over the past three months, while the Nasdaq Composite COMP, +1.84% has lost 3.6% and the S&P 500 SPX, +1.42% has slipped 0.7%. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
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News
- Virtual Events Industry Report 2024: A Global $889 Billion Market by 2032, Driven by Rise in the Demand for Flexible, Time-saving, and Cost-effective Solutions [Yahoo! Finance]Yahoo! Finance
- Adobe (ADBE) Fell After Earnings Announcement [Yahoo! Finance]Yahoo! Finance
- Polen Capital Trimmed Adobe (ADBE) on Valuation Concerns [Yahoo! Finance]Yahoo! Finance
- All-New Adobe Express Mobile App with Firefly AI Now Available to Millions Empowering them to Create Standout Content On-the-GoBusiness Wire
- Adobe (ADBE) Boosts Gen AI Efforts With Acrobat AI Assistant [Yahoo! Finance]Yahoo! Finance
ADBE
Earnings
- 3/14/24 - Beat
ADBE
Sec Filings
- 4/19/24 - Form 4
- 4/19/24 - Form 4
- 4/19/24 - Form 4
- ADBE's page on the SEC website