Alarum Technologies Ltd.

Tech stocks declined late Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) shedding 1.2% and the SPDR S&P Semiconductor ETF (XSD) falling 1.7%.
The Philadelphia Semiconductor index slumped 2.3%.
In corporate news, Applied Materials (AMAT) shares fell 3.2%. The company said it has received a subpoena from the US Department of Justice seeking information on its applications for federal grants and that it's fully cooperating in such matter.
Alarum Technologies (ALAR) shares plunged nearly 32% as the company reported lower Q2 adjusted earnings per American depositary share.
Apple (AAPL) is set to hold an event at its headquarters in California on Sept. 9 when it is expected to launch its iPhone 16 lineup, according to media reports. Apple shares were marginally lower.
Microsoft-backed (MSFT) OpenAI supports a California bill requiring tech companies to label artificial intelligence content, Reuters reported. Microsoft shares were down 0.9%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Sector Update: Tech Stocks Retreat Late Afternoon

Tech stocks were advancing late Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.2% and the SPDR S&P Semiconductor ETF (XSD) rising fractionally.
The Philadelphia Semiconductor index rose 0.2%.
In corporate news, Match (MTCH) shares gained 2.5% after The Wall Street Journal reported that activist investor Elliott Investment Management built about $1 billion stake in the company.
Alarum Technologies (ALAR) shares spiked almost 10% as it said preliminary data show Q4 revenue is estimated at more than $7 million, up 35% from a year earlier.
Hewlett Packard Enterprise (HPE) is close to a $13 billion deal to buy Juniper Networks (JNPR), according to media reports Monday. Juniper shares jumped almost 22% and Hewlett Packard Enterprise slumped about 8%.
Unity Software (U) fell more than 7% after the company said it's continuing its restructuring efforts and plans to cut its workforce by about 25%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Alarum Technologies Ltd.

Price history

Shares 360

Investment risk — low

Investment potential — high

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