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Update: Tech Stocks Gain Thursday Afternoon","url":"https://stock-news.laohu8.com/highlight/detail?id=2672769604","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672769604?lang=en_us&edition=fundamental","pubTime":"2026-10-02 01:42","pubTimestamp":1790876552,"startTime":"0","endTime":"0","summary":"Tech stocks were higher Thursday afternoon, with the State Street Technology Select Sector SPDR ETF  rising 1.2% and the State Street SPDR S&P Semiconductor ETF  up 1.8%.The Philadelphia Semiconductor index added 2%.In corporate news, Accenture  reported stronger-than-expected fiscal Q4 results on Thursday, and it forecast earnings and revenue in the ongoing fiscal year to rise annually. Its shares jumped 18%.Micron Technology  late Wednesday provided a fiscal Q1 outlook above Wall Street's estimates and reported stronger-than-expected Q4 results amid rising memory prices. Micron shares rose 1.4%.Broadcom  has agreed to lend Amazon-backed  Anthropic up to $42 billion to finance infrastructure spending under a partnership covering chip supply, equipment leasing and financing, Reuters reported, citing Anthropic's IPO prospectus documents. 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Solutions Deal for Qorvo Favorable on Synergies, Pricing Tailwinds, RBC Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2672763190","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672763190?lang=en_us&edition=fundamental","pubTime":"2026-10-01 23:07","pubTimestamp":1790867271,"startTime":"0","endTime":"0","summary":"Skyworks Solutions'  acquisition of Qorvo  is favorable due to cost synergies and potential longer-term pricing tailwinds, RBC Capital Markets analysts said.The company said Wednesday that it received all necessary regulatory clearances to proceed with the transaction and expects the deal to close on Oct. 5.Analysts said in a Thursday note that over $500 million in cost savings are expected to be realized within 24 to 36 months after the deal closes. This implies that full synergies could be realized only by the second half of 2028.The investment firm said it expects modest iPhone content growth in 2027 as the product mix shifts toward an internal modem, while overall smartphone growth remains muted and 6G catalysts are still several years away.RBC reiterated its sector perform rating on the stock and raised its price target to $95 from $70.Price: 85.81, Change: +0.33, Percent Change: +0.39","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4554","BK4515","BK4588","BK4512","LU2931357623.SGD","QRVO","IE00BN0W2T93.GBP","IE00BN0W2W23.USD","SWKS","BK4141","LU2244417387.USD","BK4533","BK4585","LU2089985449.USD","IE00BN0W2V16.EUR","LU0187121727.USD","BK4605","LU0274383776.USD"],"isVideo":false,"video":null,"gpt_icon":0}],"pageSize":20,"totalPage":52,"pageCount":2,"totalSize":1033,"code":"91000000","status":"200"}]}}