09:07 AM EDT, 09/18/2024 (MT Newswires) -- Technology stocks were flat to higher premarket Wednesday as the SPDR S&P Semiconductor ETF ( XSD ) was inactive and the Technology Select Sector SPDR Fund ( XLK ) was up 0.4% recently.

PowerFleet ( AIOT ) shares advanced by over 5% after the company said it has agreed to acquire Fleet Complete, a vehicle technology and fleet management firm, in a deal valued at $200 million.

Salesforce ( CRM ) shares were up more than 1% after the company and Nvidia ( NVDA ) said they are developing advanced AI capabilities for enterprises, focusing on autonomous agents and interactive avatars.

Clarivate ( CLVT ) shares were 1% higher after the company said it has launched its Primo Research Assistant, a generative AI-powered academic research tool.