01:30 PM EST, 02/05/2025 (MT Newswires) -- Tech stocks were higher Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.8% and the SPDR S&P Semiconductor ETF (XSD) rising 2.2%.
The Philadelphia Semiconductor index rose 1.8%.
In corporate news, Alphabet (GOOG) shares fell past 7% after it reported late Tuesday Q4 revenue that trailed analysts' estimates.