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Sector Update: Tech
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Sector Update: Tech
May 7, 2024 6:15 AM

08:47 AM EDT, 05/07/2024 (MT Newswires) -- Technology stocks were steady premarket Tuesday as the SPDR S&P Semiconductor ETF (XSD) was inactive and the Technology Select Sector SPDR Fund (XLK) was marginally higher recently.

Palantir Technologies ( PLTR ) shares fell by over 11% after the company's Q1 results showed a sharp sequential slowdown in US commercial revenue growth.

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