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Sector Update: Tech
Jun 29, 2026 6:36 AM

08:57 AM EDT, 06/29/2026 (MT Newswires) -- Technology stocks were rising premarket Monday, with the State Street Technology Select Sector SPDR Fund (XLK) up 1.5% and the State Street SPDR S&P Semiconductor ETF (XSD) 1.3% higher.

Palantir Technologies ( PLTR ) said it teamed with Nvidia ( NVDA ) to release an intelligent engine for operating artificial intelligence models within sovereign environments, including secure US government networks. Separately, Palantir ( PLTR ) said it has expanded its partnership with air mobility platform Surf Air Mobility ( SRFM ) . Shares of Palantir Technologies ( PLTR ) were up more than 3% pre-bell.

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