01:50 PM EDT, 08/09/2024 (MT Newswires) -- Tech stocks were mixed Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.8% and the SPDR S&P Semiconductor ETF (XSD) fractionally lower.

The Philadelphia Semiconductor index was up 0.2%.

In corporate news, Akamai ( AKAM ) shares jumped past 11% after the company reported higher Q2 non-GAAP earnings and sales, beating market expectations, and raised its 2024 non-GAAP EPS guidance.