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XLK Stock News Image - zacks.com

Investors maintained their bullish stance on stocks for the seventh consecutive week, pouring $4.6 billion into U.S. equity funds. U.S. technology stocks recorded their largest weekly inflows last week in nine weeks, with the sector seeing a revival after its mega-cap-led rally lost steam by the end of May, per strategists at BofA Global Research, as quoted on MarketWatch.

zacks.com 2024 Jun 10
XLK Stock News Image - etftrends.com

I'm a former stock analyst responsible for publishing on communications services and information technology stocks. While I don't miss covering multiple earnings calls in a day, I appreciate how these quarterly updates impact the returns of equity ETFs.

etftrends.com 2024 May 20
XLK Stock News Image - seekingalpha.com

The technology sector has been one of the best performers with strong earnings growth and a high ratio of earnings beats. The Technology Sector Select SPDR has a low expense ratio compared to competing products, resulting in potential long-term savings. The concentration of the ETF in a few top holdings and the high valuation of the tech sector are potential concerns for investors.

seekingalpha.com 2024 May 20
XLK Stock News Image - zacks.com

The Technology Select Sector SPDR ETF (XLK) was launched on 12/16/1998, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Broad segment of the equity market.

zacks.com 2024 May 20
XLK Stock News Image - Zacks Investment Research

Apple beat estimates on both earnings and revenues, and unveiled a record share buyback program amid the steep decline in iPhone sales.

Zacks Investment Research 2024 May 03
XLK Stock News Image - Zacks Investment Research

With April turning out downbeat, Wall Street will be striving hard to make an ascent in May, but the operating environment is not all smooth this time around.

Zacks Investment Research 2024 May 01
XLK Stock News Image - Zacks Investment Research

Microsoft (MSFT) has been caught in a spree of heavy technology sector sell-off in recent weeks, erasing most of its gains made this year. There might be gains in store if MSFT comes up with an earnings beat as demand for generative AI will continue to fuel cloud business.

Zacks Investment Research 2024 Apr 24
XLK Stock News Image - The Motley Fool

The S&P 500 provides investors with excellent stability and long-term returns. By narrowing in on tech, however, investors can achieve better returns.

The Motley Fool 2024 Apr 20
XLK Stock News Image - Seeking Alpha

XLK is an ETF that tracks the performance of the S&P Technology Select Sector Index, tracking tech stocks within the S&P 500. Valuations, and valuations relative to the S&P 500, are not a good reason to sell or underweight a market sector. XLK outperformed the S&P 500 and all other sectors in the index mainly due to expanding valuations and P/E multiples.

Seeking Alpha 2024 Apr 15
XLK Stock News Image - Zacks Investment Research

The technology sector gained momentum in the Apr 11 trading session, buoyed by a jump in big tech stocks. The upside came on softer-than-expected producer prices data, which supported the belief that inflation is cooling.

Zacks Investment Research 2024 Apr 12
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