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Sector Update: Tech
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Sector Update: Tech
Mar 26, 2025 6:08 AM

08:45 AM EDT, 03/26/2025 (MT Newswires) -- Technology stocks declined premarket Wednesday as the Technology Select Sector SPDR Fund (XLK) was down 0.2% and the SPDR S&P Semiconductor ETF (XSD) recently fell by 1.2%.

Grab Holdings ( GRAB ) is in discussions for up to a $2 billion loan to fund its potential takeover of Indonesian rival GoTo Group, Bloomberg News reported, citing unnamed people familiar with the matter. Shares of Grab Holdings ( GRAB ) were up over 2% pre-bell.

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