Shares of several companies in the broader tech sector are trading lower on overall market weakness amid a rise in Treasury yields following CPI data.
Portfolio Pulse from Benzinga Newsdesk
Shares of several tech companies are trading lower due to overall market weakness following a rise in Treasury yields after the release of CPI data.
October 12, 2023 | 7:28 pm
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NEGATIVE IMPACT
AGIL's stock is trading lower due to overall market weakness and rising Treasury yields.
The stock is trading lower due to overall market weakness caused by rising Treasury yields following the release of CPI data. This indicates a negative short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
AI's stock is trading lower due to overall market weakness and rising Treasury yields.
The stock is trading lower due to overall market weakness caused by rising Treasury yields following the release of CPI data. This indicates a negative short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
ARM's stock is trading lower due to overall market weakness and rising Treasury yields.
The stock is trading lower due to overall market weakness caused by rising Treasury yields following the release of CPI data. This indicates a negative short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100