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Sector Update: Tech

Aug 5, 2025 6:07 AM

08:54 AM EDT, 08/05/2025 (MT Newswires) -- Technology stocks were edging higher premarket Tuesday with the Technology Select Sector SPDR Fund (XLK) up 0.6% and the iShares Expanded Tech Sector ETF (IGM) advancing by 0.6% recently.

Palantir Technologies ( PLTR ) stock was up more than 6% after the company reported higher Q2 adjusted earnings and revenue, and raised its 2025 revenue outlook.

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