financetom
Market
financetom
/
Market
/
Sector Update: Tech Stocks Rise Late Afternoon
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Tech Stocks Rise Late Afternoon
Jun 25, 2026 12:56 PM

03:40 PM EDT, 06/25/2026 (MT Newswires) -- Tech stocks were higher late Thursday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) up 0.3% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 1.1%.

The Philadelphia Semiconductor index climbed up 2.6%.

In corporate news, Micron Technology ( MU ) shares jumped nearly 14% after it reported fiscal Q3 adjusted earnings and revenue that topped estimates, with Q4 guidance also beating consensus.

BlackBerry (BB) on Thursday raised its fiscal 2027 guidance as growth in the embedded software solutions division helped buoy Q1 results. Its shares surged over 19%.

Apple ( AAPL ) shares fell 5.9%. The tech giant increased iPad and MacBook prices amid surging memory and storage chip costs, news outlets reported.

Alphabet's (GOOGL) Google ( GOOG ) is revamping its AI coding strike team to close the gap with Anthropic in the most profitable AI applications, The Information reported. Alphabet shares were shedding 0.6%.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved