08:51 AM EDT, 10/07/2025 (MT Newswires) -- Technology stocks were advancing premarket Tuesday, with the Technology Select Sector SPDR Fund (XLK) up 0.6% and the SPDR S&P Semiconductor ETF (XSD) 1.6% higher.

International Business Machines ( IBM ) and Anthropic said they will form a partnership to integrate the Claude family of large language models into the technology company's software portfolio. IBM ( IBM ) shares were up more than 3% pre-bell.