01:39 PM EST, 01/30/2025 (MT Newswires) -- Tech stocks were mixed Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.3% and the SPDR S&P Semiconductor ETF (XSD) rising 1%.

The Philadelphia Semiconductor index climbed 1.6%.

In corporate news, Meta's (META) Q1 revenue outlook fell short of market estimates at the midpoint, but the company recorded better-than-expected Q4 results. Its shares added 1.9%.