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Sector Update: Tech Stocks Edge Higher Premarket Wednesday
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Sector Update: Tech Stocks Edge Higher Premarket Wednesday
Mar 11, 2026 6:29 AM

09:08 AM EDT, 03/11/2026 (MT Newswires) -- Technology stocks were edging higher premarket Wednesday, with the State Street Technology Select Sector SPDR Fund (XLK) advancing by 0.3% and the State Street SPDR S&P Semiconductor ETF ( XSD ) up marginally.

Oracle (ORCL) stock was up more than 9% after the company posted higher fiscal Q3 adjusted earnings and revenue that also exceeded analysts' expectations.

Sprinklr ( CXM ) shares were up more than 6% after the company reported higher fiscal Q4 non-GAAP net income and revenue.

VNET ( VNET ) is exploring funding options, including a US dollar bond sale, to expand capacity amid rising competition in China's artificial intelligence sector, Bloomberg reported, citing people familiar with the matter. VNET ( VNET ) stock was down more than 2% pre-bell.

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