Sector Update: Tech Stocks Mixed Pre-Bell Friday

MT Newswires Live
Aug 22

Technology stocks were mixed pre-bell Friday, with the Technology Select Sector SPDR Fund (XLK) down 0.1% and the SPDR S&P Semiconductor ETF (XSD) 0.5% higher.

Ubiquiti (UI) stock was up by nearly 15% after the company reported higher fiscal Q4 non-GAAP earnings and revenue.

Workday (WDAY) shares were nearly 6% lower after the company said it signed a definitive agreement to acquire Paradox, a conversational AI company focused on streamlining the job application and hiring process.

Zoom Communications (ZM) shares were up more than 3% after the company posted higher Q2 adjusted earnings and revenue, and raised its fiscal 2026 outlook.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10