Technology Select Sector SPDR Fund (NYSEARCA:XLK) Stock Rating Upgraded by Truist Financial

Technology Select Sector SPDR Fund (NYSEARCA:XLK) Stock Rating Upgraded by Truist Financial
Technology Select Sector SPDR Fund (NYSEARCA:XLK – Get Rating) was upgraded by stock analysts at Truist Financial from an “underweight” rating to a “neutral” rating in a research note issued on Thursday, The Fly reports. Technology Select Sector SPDR Fund Price Performance Shares of XLK opened at $137.22 on Thursday. Technology Select Sector SPDR Fund has a one year low of $122.46 and a one year high of $177.04. The stock has a 50-day moving average price of $132.75 and a 200 day moving average price of $145.97. Hedge Funds Weigh In On Technology Select Sector SPDR Fund A number of hedge funds have recently modified their holdings of XLK. Rinkey Investments bought a new position in shares of Technology Select Sector SPDR Fund in the fourth quarter worth about $25,000. Bank Julius Baer & Co. Ltd Zurich bought a new position in ...

Telefónica Tech joins forces with Microsoft to provide the industrial sector with private 5G connectivity and local edge computing

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Cloud Computing in Education Sector Market Analysis, Growth Forecast Analysis by Manufacturers, Regions, Type and Application to 2026 |Covid-19 Recovery

Cloud Computing in Education Sector Market Analysis Growth Forecast Analysis
The recent report on the Cloud Computing in Education Sector market is an exhaustive analysis of this industry space, and is inclusive of sufficient information pertaining to various parameters such as current market dynamics, market share, industry size, periodic deliverables, present renumeration, anticipated growth prospects as well as estimated profit margins amassed by the market over the forecast period. An extensive summary about the performance of the market during the analysis timeline is presented in the report. Information with regards to the driving factors which will favor the market in the coming years, alongside the growth rate registered by the industry over the forecast timeframe is entailed in the report. Moreover, the Cloud Computing in Education Sector market report enlists the key challenges prevailing in the business...

Going atomic scale with quantum computing in the power sector

Going atomic scale with quantum computing in the power sector
Image: IBM Energy and utility companies are starting to look to the quantum world for the increasingly complex computational challenges facing the sector. Load balancing is becoming more and more complex as the power system decentralises. As the numbers of distributed energy resources and other grid connected devices grow and consumption trends become more erratic, the computations become more difficult and time consuming, making this a prime use case for the power of quantum computing. And the potential of this advanced technology is becoming ever closer within reach as developers advance and open up their ecosystems via the cloud. There is even the prospect of a $5,000, albeit much simplified, portable desktop device aimed primarily at students from China’s Shenzhen SpinQ Technology before year end. Quantum...

Data centre virtualisation and cloud computing can play a pivotal role in power sector emissions reductions, says report

Data centre virtualisation and cloud computing can play a pivotal
A new report from power market analytics firm Aurora Energy Research suggests that increased deployment of (and continued improvements in) virtualisation technology could reduce potential future European computing emissions 55% by 2040. To put it another way, the use of virtualisation software (that allows for much more computation to be done with significantly less IT hardware), improved management and optimisation of operations, and hardware upgrades enable productivity and energy efficiency improvements in IT operations. Coupled with the increased usage of renewable energy to fulfil electricity requirements, these energy efficiency gains can help IT operations in Europe to substantially decrease their carbon footprint. This is especially important as more and more enterprises are engaging with digitised information to transform their business...