Shares of companies within the broader technology sector are trading higher amid overall market strength following Wednesday's Fed rate cut.
Portfolio Pulse from Benzinga Newsdesk
Technology sector shares are rising due to overall market strength following a Fed rate cut.
September 19, 2024 | 5:54 pm
News sentiment analysis
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POSITIVE IMPACT
AAOI shares are likely benefiting from the overall market strength in the tech sector following the Fed rate cut.
AAOI, as part of the tech sector, is likely experiencing a positive impact from the overall market strength driven by the Fed's rate cut.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
AEVA shares are likely seeing gains due to the tech sector's rise following the Fed's rate cut.
AEVA, being part of the tech sector, is likely benefiting from the positive market sentiment following the Fed's rate cut.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
ANET shares are likely up due to the tech sector's positive response to the Fed's rate cut.
ANET, as a tech company, is likely experiencing a positive impact from the overall market strength following the Fed's rate cut.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
APH shares are likely seeing a positive impact from the tech sector's rise after the Fed's rate cut.
APH, being part of the tech sector, is likely benefiting from the positive market sentiment following the Fed's rate cut.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
BELFB shares are likely up due to the tech sector's positive response to the Fed's rate cut.
BELFB, as a tech company, is likely experiencing a positive impact from the overall market strength following the Fed's rate cut.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
CALX shares are likely seeing gains due to the tech sector's rise following the Fed's rate cut.
CALX, being part of the tech sector, is likely benefiting from the positive market sentiment following the Fed's rate cut.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
CLS shares are likely up due to the tech sector's positive response to the Fed's rate cut.
CLS, as a tech company, is likely experiencing a positive impact from the overall market strength following the Fed's rate cut.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
FLEX shares are likely seeing gains due to the tech sector's rise following the Fed's rate cut.
FLEX, being part of the tech sector, is likely benefiting from the positive market sentiment following the Fed's rate cut.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
GDDY shares are likely up due to the tech sector's positive response to the Fed's rate cut.
GDDY, as a tech company, is likely experiencing a positive impact from the overall market strength following the Fed's rate cut.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
GDS shares are likely seeing gains due to the tech sector's rise following the Fed's rate cut.
GDS, being part of the tech sector, is likely benefiting from the positive market sentiment following the Fed's rate cut.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
HPE shares are likely up due to the tech sector's positive response to the Fed's rate cut.
HPE, as a tech company, is likely experiencing a positive impact from the overall market strength following the Fed's rate cut.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
JBL shares are likely seeing gains due to the tech sector's rise following the Fed's rate cut.
JBL, being part of the tech sector, is likely benefiting from the positive market sentiment following the Fed's rate cut.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
KEYS shares are likely up due to the tech sector's positive response to the Fed's rate cut.
KEYS, as a tech company, is likely experiencing a positive impact from the overall market strength following the Fed's rate cut.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
LINK shares are likely seeing gains due to the tech sector's rise following the Fed's rate cut.
LINK, being part of the tech sector, is likely benefiting from the positive market sentiment following the Fed's rate cut.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
NET shares are likely up due to the tech sector's positive response to the Fed's rate cut.
NET, as a tech company, is likely experiencing a positive impact from the overall market strength following the Fed's rate cut.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
PMTS shares are likely seeing gains due to the tech sector's rise following the Fed's rate cut.
PMTS, being part of the tech sector, is likely benefiting from the positive market sentiment following the Fed's rate cut.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
SHOP shares are likely up due to the tech sector's positive response to the Fed's rate cut.
SHOP, as a tech company, is likely experiencing a positive impact from the overall market strength following the Fed's rate cut.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
SNOW shares are likely seeing gains due to the tech sector's rise following the Fed's rate cut.
SNOW, being part of the tech sector, is likely benefiting from the positive market sentiment following the Fed's rate cut.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
STX shares are likely up due to the tech sector's positive response to the Fed's rate cut.
STX, as a tech company, is likely experiencing a positive impact from the overall market strength following the Fed's rate cut.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
TWLO shares are likely seeing gains due to the tech sector's rise following the Fed's rate cut.
TWLO, being part of the tech sector, is likely benefiting from the positive market sentiment following the Fed's rate cut.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
UI shares are likely up due to the tech sector's positive response to the Fed's rate cut.
UI, as a tech company, is likely experiencing a positive impact from the overall market strength following the Fed's rate cut.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
WDC shares are likely seeing gains due to the tech sector's rise following the Fed's rate cut.
WDC, being part of the tech sector, is likely benefiting from the positive market sentiment following the Fed's rate cut.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
ZBRA shares are likely up due to the tech sector's positive response to the Fed's rate cut.
ZBRA, as a tech company, is likely experiencing a positive impact from the overall market strength following the Fed's rate cut.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50