08:48 AM EDT, 06/12/2024 (MT Newswires) -- Technology stocks were edging higher premarket Wednesday, with the Technology Select Sector SPDR Fund (XLK) advancing by 1.2% and the SPDR S&P Semiconductor ETF (XSD) up 0.1%.

Oracle (ORCL) shares were up over 6% after the company reported an increase in fiscal Q4 sales and unveiled partnerships with Microsoft ( MSFT ) and Alphabet's (GOOG, GOOGL) Google ( GOOG ).