Tag: High

Technology Stocks Spotlight: Marvell Rises High

The tech-heavy Nasdaq was up almost 400 points this past week through Thursday’s close, but is down over 120 points in trading Friday as the Treasury yield rises to its highest level in a year. 

For more in-depth coverage of the semiconductor sector including trading recommendations and investment strategies, follow Eric Jhonsa on Real Money.

Here is a list of the technology stocks to watch and their performance by percentage change over the past week amid trading Friday, Mar. 12.:

Microsoft | Increased +1.38%

This past Monday, Microsoft  (MSFT) – Get Report was hit by hackers, reportedly from

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L&T Technology Services stock hits all-time high on winning $100-million order

L&T Technology Services stock hits all-time high on winning $100-million order

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L&T Technology Services stock hits all-time high on winning $100-million order

L&T Technology Services’ share price touched a 52-week high of Rs 1,890, rising 2% in early trade on Thursday after the company won a multi-year order.

The company in a press release announced that it has been selected by a global O&G major to be the primary engineering partner to support two of their integrated refining and chemicals manufacturing facilities in the USA. This would be a multi-year engagement with a potential value of more than USD 100 million, the filing added.

L&T Technology Services

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New technology helps Merced Union High School District return to in-person learning

FRESNO, Calif. (KFSN) — Thousands of students returned to campuses across the Merced Union High School District on Monday for their first day of in-person learning since mid-March.

To prepare for the transition, the district used more than $730,000 in federal coronavirus relief funding to buy 500 cameras that track movement, along with blue tooth microphones.

The technology allows teachers to deliver lessons to students online and those in the classroom, at the same time.

The district is also using an A-B schedule to allow for in-person learning with social distancing. One group is on campus Monday and Thursday, while

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GM Shares Hit Six-Month High on Nikola Electric-Truck Deal

(Bloomberg) — General Motors Co. shares rose to a more than six-month high after it took a $2 billion equity stake in startup Nikola Corp. and agreed to manufacture a new electric-pickup model.

In a bid to diversify the Detroit-based automaker’s alternate-fuel vehicle strategy, GM will contribute technology and manufacturing in exchange for an 11% stake in Nikola and board seat, according to a statement Tuesday. GM is not committing any cash to the deal.

The partnership gives Nikola — which has yet to generate any meaningful revenue — an immediate boost of legitimacy and the industrial might of an

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Technology ETF (XNTK) Hits New 52-Week High

For investors seeking momentum, SPDR NYSE Technology ETF XNTK is probably on radar. The fund just hit a 52-week high, and is up about 60% from its 52-week low price of $61.25/share.

But are more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook on it to get a better idea on where it might be headed:

XNTK in Focus    

This product provides exposure to purely electronics-based technology companies. It has key holdings in semiconductors, Internet & direct marketing retail, application software and systems software. The product charges 35 basis points

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