Sector Update: Tech — TradingView News

Tech stocks fell in late Friday afternoon trading, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.9% and the SPDR S&P Semiconductor ETF (XSD) dropping 2.3%. The Philadelphia Semiconductor index declined 1.8%. In corporate news, SolarWinds SWI shares jumped past 22%. The company said Friday it has agreed to be acquired by private equity…

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Elliott Statement on Aspen Technology, Inc. | Banking Financial Services

WEST PALM BEACH, Fla., Feb. 7, 2025 /PRNewswire/ — Elliott Investment Management L.P. (“Elliott”), which manages funds that together have an investment of more than $1.5 billion in Aspen Technology, Inc. (NASDAQ: AZPN) (the “Company” or “AspenTech”), today issued the following statement regarding the Company’s recently announced agreement with Emerson Electric Co. (NYSE: EMR) (“Emerson”):…

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