01:04 PM EDT, 10/16/2025 (MT Newswires) -- Tech stocks were mixed Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) rising 0.4% and the SPDR S&P Semiconductor ETF (XSD) shedding 0.5%.

The Philadelphia Semiconductor index increased 0.8%.

In corporate news, Salesforce ( CRM ) said late Wednesday it is targeting over $60 billion in revenue by fiscal year 2030, excluding the impact from its deal with Informatica. Alphabet's (GOOG) Google ( GOOG ) and Salesforce ( CRM ) said Thursday they have expanded their partnership by integrating Google Gemini's AI models into Salesforce's ( CRM ) Agentforce 360 Platform. Salesforce ( CRM ) shares gained 5.1%, and Alphabet added 0.6%