08:56 AM EST, 02/04/2025 (MT Newswires) -- Technology stocks were higher premarket Tuesday as the Technology Select Sector SPDR Fund (XLK) and the SPDR S&P Semiconductor ETF (XSD) each added 0.5% recently.

Palantir Technologies ( PLTR ) shares rose past 23% after the company reported late Monday higher Q4 adjusted earnings and revenue. The company also issued Q1 and 2025 revenue outlook above market expectations.