Shares of several technology stocks are trading lower amid overall weakness in the tech sector following earnings from Alphabet and Texas Instruments.
Portfolio Pulse from Benzinga Newsdesk
Technology stocks are trading lower due to overall weakness in the tech sector following earnings reports from Alphabet and Texas Instruments.
October 25, 2023 | 7:47 pm
News sentiment analysis
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NEGATIVE IMPACT
Alphabet's earnings report has led to a downturn in the tech sector, impacting its own stock negatively.
Alphabet's earnings report is a significant event in the tech sector. Given the downturn in the sector following the report, it's likely that Alphabet's stock is being negatively impacted.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Texas Instruments' earnings report has contributed to the overall weakness in the tech sector, negatively affecting its stock.
Texas Instruments' earnings report is a significant event in the tech sector. The overall weakness in the sector following the report suggests that Texas Instruments' stock is being negatively impacted.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100