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Sector Update: Tech
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Sector Update: Tech
Jul 8, 2025 6:18 AM

08:55 AM EDT, 07/08/2025 (MT Newswires) -- Technology stocks were mixed premarket Tuesday as the Technology Select Sector SPDR Fund (XLK) was slightly lower and the iShares Expanded Tech Sector ETF (IGM) was marginally advancing recently.

Oracle (ORCL) is offering the US federal government a 75% discount on its license-based database software and analytics, along with a significant but unspecified discount on its cloud services through November, General Services Administration said. Shares of Oracle were up more than 1% pre-bell.

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