08:50 AM EDT, 06/13/2024 (MT Newswires) -- Technology stocks were advancing pre-bell Thursday with the Technology Select Sector SPDR Fund (XLK) up 0.8% and the SPDR S&P Semiconductor ETF (XSD) 1.1% higher recently.

Broadcom ( AVGO ) rose past 13% after it reported an increase in fiscal Q2 earnings and sales while raising its revenue guidance for the full financial year.