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Technology stocks were leaning lower premarket Tuesday. The Technology Select Sector SPDR Fund (XLK) was down 0.6% and the iShares Semiconductor ETF (SOXX) was recently slipping by 0.7%.
TD SYNNEX (SNX) was climbing past 6% after it reported fiscal Q4 non-GAAP earnings of $3.44 per diluted share, up from $2.86 a year earlier. Analysts polled by Capital IQ expected $2.92.
Treasure Global (TGL) was up more than 7% after saying it has signed a memorandum of understanding with fintech firm Boost for a potential strategic partnership in Malaysia focused on Boost Credit’s digital financing offerings.
Taiwan Semiconductor Manufacturing (TSM) was 0.2% higher after it reported net revenue of about 192.56 billion New Taiwan dollars ($6.33 billion) for December, up from NT$155.38 billion a year earlier.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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