Technology Sector Update for 11/22/2023: DLO, ADSK, HPQ, XLK, XSD

Technology stocks were mixed premarket Wednesday as the SPDR S&P Semiconductor ETF (XSD) was unchanged and the Technology Select Sector SPDR Fund (XLK) was up 0.7% recently.

DLocal (DLO) reported Q3 net income of $0.13 per diluted share, up from $0.10 a year earlier. Analysts polled by Capital IQ expected $0.15. DLocal was more than 9% lower pre-bell.

Autodesk (ADSK) was down more than 6% after saying it expects fiscal Q4 non-GAAP EPS in the range of $1.91 to $1.97. Analysts polled by Capital IQ expect $2.

HP (HPQ) was 0.8% lower after it reported fiscal Q4 revenue of $13.82 billion, down from $14.77 billion a year earlier. Analysts surveyed by Capital IQ expected $13.86 billion.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.