01:18 PM EDT, 06/05/2025 (MT Newswires) -- Tech stocks were mixed Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.4% and the SPDR S&P Semiconductor ETF (XSD) decreasing 0.5%.

The Philadelphia Semiconductor index added 0.7%.

In corporate news, MongoDB ( MDB ) shares jumped past 13% after the database software maker lifted its full-year outlook and reported fiscal Q1 results that exceeded market expectations.