The latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.

1628 GMT - On Thanksgiving this year, the emphasis was more on spending time with family and friends than shopping. Many stores were closed on Thursday. There were deals to be had online, but digital spending came in at the low end of Adobe's forecast. Shoppers spent $5.1B online on Thanksgiving, according to Adobe. The software company that tracks online shopping had predicted spending of $5.1B and $5.4B for the day. (suzanne.kapner@wsj.com)

1620 GMT - Today's market selloff due to growing concerns about a fast-spreading coronavirus variant presents a buying opportunity, Wedbush's Daniel Ives and John Katsingris say, citing a bullish view around sectors like cloud, cyber security and 5G. "Major sell-off days like today create the golden opportunity to own our favorite tech names into 2022, with our NASDAQ 2022 target of 19K speaking to our tech bull thesis cycle still in the middle innings of playing out," the analysts say. Variant fears, they say, reinforce their thesis on cloud, for example, as companies prepare for flexible work arrangements. Ives and Katsingris bet on Apple along with what they see as the secular winners in cloud--Microsoft, DocuSign, NICE and Pegasystems--and cybersecurity--Zscaler, Palo Alto Networks, CyberArk Software, SailPoint, Fortinet, and Tenable. (maria.armental@wsj.com; @mjarmental)

1428 GMT - Needham says it's a fan of Global-e Online's deal to buy Flow Commerce. Needham says the deal expands the company's total addressable market and growth opportunity with smaller merchants not currently served by the company's core offering. "Smaller merchants typically do not require the high-touch, technically complex services and fulfillment that Global-e's core offering provides. They are often better suited for a self-serve, software-based solution which is exactly what Flow Commerce brings," the analysts say. The deal also bolsters Global-e's go-to-market capabilities and expands its relationship with Shopify. "We believe this will allow the company to embed itself deeper into Shopify's platform, which should drive accelerated GTM velocity and faster penetration of a broader swath of the Shopify merchant base over the medium and long term," Needham says. (michael.dabaie@wsj.com)

1350 GMT - Boeing shares haven't fallen below $200 since February, but slid past the mark in heavy early trade on Friday as investors reacted to the prospect of a new wave of travel restrictions to tackle an emerging coronavirus variant. The initial 7% fall wiped $8.5B from Boeing's market value. Aircraft lessors, which have a bigger exposure to southern Africa and other emerging markets, fared worse, with AerCap shedding 11% and Air Lease losing 9%. Reservation agencies, another broad proxy for global travel, also sold off. Amadeus and Sabre both down sharply and ground handling specialist Menzies losing almost 10%. (doug.cameron@wsj.com; @dougcameron)

1118 GMT - Infineon's new chief executive, Jochen Hanebeck, has a lot of experience with the company and, more importantly, a strong background in automotive, which le led for eight years before becoming chief operating officer, UBS says. Since he became COO, he contributed to the integration of International Rectifier in 2015 and Cypress in 2020, but also led significant investment projects, UBS says. Therefore, a shift in strategy is unlikely and the change of CEO shouldn't bring about much change in that respect, the bank says. Infineon shares are down 1.8% at EUR40.57. (cecilia.butini@wsj.com)

0939 GMT - Software AG shares are on the rise Friday after Bloomberg reported that the German software company is exploring strategic options, including a possible sale--a development that could reignite investor interest in the stock, Bryan Garnier says. "The rationale behind this may be share price underperformance compared with peers, and private equity funds may be the most interested in Software AG. Whatever the outcome, this speculation could relaunch investor interest in the stock while the company may see growth and margins accelerate," Bryan Garnier says. Software AG shares trade 7.7% higher at EUR37.38. (mauro.orru@wsj.com; @MauroOrru94)