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Sector Update: Tech
Jan 14, 2025 6:17 AM

08:45 AM EST, 01/14/2025 (MT Newswires) -- Technology stocks were mixed pre-bell Tuesday, with The Technology Select Sector SPDR Fund (XLK) 0.7% higher and the SPDR S&P Semiconductor ETF (XSD) down 2%.

Applied Digital ( APLD ) shares were up past 23% after the company said it has signed a deal for a $5 billion perpetual preferred equity funding facility with Macquarie.

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