Nasdaq Technology

Many of the players in the Zacks Computer-Software Industry have helped boost the strong performance of the Nasdaq over the last year.

For the quarter ended December 2023, Seagate (STX) reported revenue of $1.56 billion, down 17.6% over the same period last year. EPS came in at $0.12, compared to $0.16 in the year-ago quarter.

For the quarter ended December 2023, Amerant Bancorp Inc. (AMTB) reported revenue of $101.29 million, down 4.9% over the same period last year. EPS came in at $0.46, compared to $0.40 in the year-ago quarter.

Hexcel (HXL) reported $457.5 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 6.5%. EPS of $0.43 for the same period compares to $0.40 a year ago.

Packaging Corp. (PKG) reported $1.94 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 2.1%. EPS of $2.13 for the same period compares to $2.35 a year ago.

For the quarter ended December 2023, SL Green (SLG) reported revenue of $131.93 million, down 41.3% over the same period last year. EPS came in at $0.72, compared to -$1.01 in the year-ago quarter.

CACI International (CACI) reported $1.83 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 11.2%. EPS of $4.36 for the same period compares to $4.28 a year ago.

United Rentals (URI) reported $3.73 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 13.1%. EPS of $11.26 for the same period compares to $9.74 a year ago.

For the quarter ended December 2023, Plexus (PLXS) reported revenue of $982.61 million, down 10.2% over the same period last year. EPS came in at $1.04, compared to $1.49 in the year-ago quarter.

For the quarter ended December 2023, Tesla (TSLA) reported revenue of $25.17 billion, up 3.5% over the same period last year. EPS came in at $0.71, compared to $1.19 in the year-ago quarter.

Knight-Swift Transportation Holdings (KNX) reported $1.93 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 10.8%. EPS of $0.09 for the same period compares to $1.00 a year ago.

ServiceNow (NOW) reported $2.44 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 25.6%. EPS of $3.11 for the same period compares to $2.28 a year ago.

For the quarter ended December 2023, CSX (CSX) reported revenue of $3.68 billion, down 1.3% over the same period last year. EPS came in at $0.45, compared to $0.49 in the year-ago quarter.

For the quarter ended December 2023, Columbia Banking (COLB) reported revenue of $519.16 million, up 173.2% over the same period last year. EPS came in at $0.44, compared to $0.93 in the year-ago quarter.

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Tech stocks were mixed late Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) adding 0.7% and the SPDR S&P Semiconductor ETF (XSD) down 1.1%.

Wednesday, January 24, 2024The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Novartis AG (NVS), Amgen Inc. (AMGN) and

For investors seeking momentum, First Trust NASDAQ Cybersecurity ETF (CIBR) is probably on the radar. The fund just hit a 52-week high and is up 47.62% from its 52-week low price of $38.41/share.

Tech stocks rose Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) climbing 1.4% and the SPDR S&P Semiconductor ETF (XSD) up 0.2%.