01:45 PM EDT, 03/12/2024 (MT Newswires) -- Tech stocks were mixed Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 1.5% and the SPDR S&P Semiconductor ETF (XSD) down 0.3%.

The Philadelphia Semiconductor index rose 1.1%.

In corporate news, Oracle (ORCL) shares surged past 12% after it reported higher fiscal Q3 adjusted earnings and revenue.