Wall Street fluctuations … the rise of technology and industry shares in exchange for the decline in chips and real estate

The American markets witnessed a remarkable variation in the performance of shares during the last trading session, as the shares of some major companies in the technology and industry sectors increased, while others recorded sharp retreats that raised investor questions.

In the following lines, we review the most prominent of these moves and interpretations behind them.

Rising stocks

SBA Communications (SBAC)

The arrow recorded a strong increase of +6.82% to $ 238.50, with a slight increase after trading hours, and this rise is driven by the improvement of the wireless infrastructure sector, especially with the continuous expansion of the fifth generation networks.

Cadence Design (CDNS)

The stock increased by +5.77% to $ 302.22, before witnessing a slight decline after the closure, and the company’s performance reflects a continuous demand for electronic design solutions, and also reflects the high confidence in its tools used in artificial intelligence and electronic chips design.

Honeywell International (HON)

Haniole’s shares increased by +5.40% to $ 211.49, supported by optimistic expectations about growth in the fields of aviation and industrial automation.

Zebra Technologies (ZBRA)

The stock recorded an increase of +5.16% to $ 256.05, and the company specialized in tracking and identification solutions may benefit from the accelerated digital transformation and smart supply chains, which enhances its investment attractiveness.

Sherwin-Williams (SHW)

The stock jumped by +4.80% to 348.13 dollars, as it continues to rise after the closure, and this reflects the growth of the recovery indicators of demand in the construction and paints sector, especially in the United States.

Disclical stocks

NXP Semiconductors (NXPI)

The stock fell by -6.94% to 182.62 dollars, then continued to decline after the closure, and the significant decline indicates financial results without expectations related to the slowdown of demand for chips, especially in the auto sector.

Regeneron Pharmaceuticals (REGN)

The stock decreased by -6.87% to $ 568.91, and this loss reflects a decline in the expectations of returns, despite the stability of the stock after trading hours.

Brown & Brown Inc (BRO)

The stock decreased by -6.00% to $ 107.99, and the company operating in the insurance sector, as the decline may be caused by regulatory pressure.

Alexandria Real Estate (ARE)

The stock decreased by -5.73% to 72.57 dollars, before it rises slightly after the closure, and the decline reflects the continued pressure in the office real estate sector, especially in light of the high interest rates and changes in the patterns of work after the pace.

Super Micro Computer (SMCI)

Although the daily decline was by -3.41%, what caught the attention is the sharp decrease after closing by -15.75% to reach 30.33 dollars, and this indicates the issuance of financial results that raised investor concerns, especially since the stock is considered among the great winners in the server and artificial intelligence sector.