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.

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