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Sector Update: Tech
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Sector Update: Tech
May 27, 2025 6:13 AM

08:49 AM EDT, 05/27/2025 (MT Newswires) -- Technology stocks were advancing premarket Tuesday, with The Technology Select Sector SPDR Fund (XLK) 1.8% higher and the SPDR S&P Semiconductor ETF (XSD) up 2.1%.

Salesforce ( CRM ) has agreed to buy Informatica ( INFA ) for about $8 billion, the companies said. Informatica ( INFA ) shares were up more than 5% pre-bell.

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