#technology-sector

#technology-sector

Stocks are off to a lower start on Wall Street and on track for their first weekly loss in the last four. The S&P 500 fell 0.5% in the early going Friday. The Dow Jones Industrial Average fell 174 points, or 0.4%, and the Nasdaq composite fell 0.8%. Markets are reacting to the latest quarterly reports from U.S. companies. Payments company Block, which operates the Square and Cash App businesses, sank after turning in results that fell short of forecasts. Exercise equipment maker Peloton jumped after its results beat estimates. Treasury yields moved higher in the bond market.

The U.S. government is set to acquire a 10% equity stake in Intel, with its products division supporting the foundry. Pressure may build on tech firms to purchase Intel chips.

Adslot Ltd has proposed issuing 250 million new securities as a strategic move to raise capital, enhancing its financial resources for operational capabilities.

HP Inc. reported a profit estimate of $0.74 per share for fiscal Q3 2025, which is a decline from the $0.83 per share in the same quarter last year.

FH One Investments acquired the Synaptics headquarters campus for $29.5 million, with a previously assessed value of $34 million, emphasizing attractive investments during market conditions.

In 2023, American colleges graduated 134,153 citizens or green card holders with bachelor's or master's degrees in computer science. That same year, our federal government handed out 200,000 H-1B visas.”

The stock market-driven volatility has led investors towards exchange-traded funds (ETFs) as long-term investors seek low-risk options that can generate impressive returns.

Despite the sharp downturn due to trade concerns, the US stock market made a strong recovery driven by tech stock performance and easing trade tensions.

Raimo Lenschow from Barclays has a Buy rating on Sprout Social with a target price of $26.00, suggesting growth potential from its current share price.

Elliott Investment Management, investing over $1.5 billion in HPE, aims to enhance company value through potential divestitures and reorganizations in a challenging market.