03:33 PM EST, 02/10/2025 (MT Newswires) -- Tech stocks were mixed late Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 1.5% and the SPDR S&P Semiconductor ETF (XSD) shedding 1%.

The Philadelphia Semiconductor index climbed 1.5%.

In corporate news, PowerFleet ( AIOT ) shares surged 33% after it reported fiscal Q3 revenue that exceeded market expectations and increased its revenue outlook for the full year 2025.