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Sector Update: Tech
Jun 26, 2025 12:44 PM

03:27 PM EDT, 06/26/2025 (MT Newswires) -- Tech stocks were higher late Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.8% and the SPDR S&P Semiconductor ETF (XSD) rising 1.5%.

The Philadelphia Semiconductor index added 1%.

In corporate news, Meta (META) is in advanced talks to acquire PlayAI, a startup that uses AI to replicate voices, Bloomberg reported. Meta shares advanced 2.5%.

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