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Technology Select Sector SPDR ETF: (XLK)

(Delayed Data from NYSE) As of May 30, 2024 04:00 PM ET

$209.83 USD

209.83
5,225,507

-4.90 (-2.28%)

Volume: 5,225,507

Zacks ETF Rank

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

1 - Strong Buy of 5 1        

Zacks News

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ETFs in Focus Post Apple's Q3 Earnings and Revenue Beat

Apple Inc. (AAPL) reported solid third-quarter fiscal 2023 results, wherein it beat estimates on both earnings and revenues. However, the tech titan forecast another revenue decline for the current quarter, spreading fears of pessimism.

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"Big Tech" Earnings Review: ETFs in Focus

Among the top five big tech stocks, Amazon, Facebook-parent Meta and Google-parent Alphabet delivered impressive results, garnering positive reactions from investors, while Apple and Microsoft disappointed investors.

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Looking to Bet On Perfect AAA Credit Ratings? Play These ETFs

In light of Fitch Ratings' downgrade of U.S. credit, investors might be interested in identifying companies and countries that still hold the desirable 'AAA' credit rating.

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Microsoft Q4 Earnings Beat, Shares Slip: ETFs in Focus

Microsoft (MSFT) reported strong fourth-quarter fiscal 2023 results, beating earnings and revenue estimates. However, the slowing growth of cloud service Azure proved to be a dampener, sending the shares down.

Should You Invest in the SPDR NYSE Technology ETF (XNTK)?

Sector ETF report for XNTK

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ETFs to Gain as Apple Reportedly Takes the Generative AI Leap

Apple's reported foray into artificial intelligence (AI) marks a significant leap forward for it as the company will now develop its own large language model, called "Apple GPT."

Should You Invest in the iShares U.S. Technology ETF (IYW)?

Sector ETF report for IYW

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ETFs to Tap on Microsoft's New AI Subscription Drive

Microsoft (MSFT) rallied to an all-time high on Jul 18 after it unveiled a new artificial intelligence (AI) subscription for its Office 365 platform. Investors could tap the growth in this software leader through ETFs having double-digit exposure to Microsoft.

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ETFs in Focus as Microsoft Hits All-Time High: What Lies Ahead?

Microsoft stock reaches an all-time high. Its latest AI venture can revolutionize the global business sector and solidify its position in the tech world.

Infosys (INFY) Secures $2B AI Contract From an Existing Client

Infosys (INFY) grabs a $2 billion contract to provide AI and automation services from an existing client over the next five years.

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3 Enterprise Software Stocks That Can Carry Momentum Further

Considering the probable new demand for enterprise software integrated with generative AI features and a possible improvement in profitability due to cost-cutting initiatives, we believe that there is still significant upward potential left in CRM, TEAM and ADBE stocks.

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Earnings Forecast to Fuel Stocks Ahead? Sector ETFs to Benefit

As the second-quarter earnings season commences, Wall Street strategists, including Morgan Stanley's Michael Wilson, caution investors against expecting a boost to the U.S. stock market.

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Microsoft Next to Join $3T Club? ETFs to Benefit

Wedbush believes Microsoft is the likely to join the $3 trillion market cap club, after Apple, as quoted on CNBC

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5 ETFs to Gain as Inflation Drops to a 2-Year Low

The Consumer Price Index rose 3% year over year, marking the lowest rate since early 2021, and 0.2% over the last month.

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Invest in These 3 Stocks That Lagged 1H23's Tech Rally

Investors should look for fundamentally strong technology stocks like NTNX, PAYC and PCTY that have been left behind 1H23's tech rally and ensure solid portfolio returns.

Is First Trust NASDAQ-100-Technology Sector ETF (QTEC) a Strong ETF Right Now?

Smart Beta ETF report for QTEC

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Beyond AI, 6 Factors That Could Boost Wall Street ETFs in 2H

Apart from the ongoing AI boom, a strong job market, a resilient economy, solid cash reserves, a new bull market, a rebound in the home building sector and massive infrastructure spending should drive the broader market in the second half of 2023 despite rising rate worries.

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Best & Worst ETF Areas of First Half 2023

We highlight the top-performing stocks & ETFs of 1H 2023

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Take a Bite of These ETFs on Historic Apple's $3T Valuation

Apple (AAPL) made Wall Street history as the first company to reach a market capitalization of $3 trillion at the close on Jun 30.