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Sector Update: Tech
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Sector Update: Tech
Oct 17, 2025 6:13 AM

08:51 AM EDT, 10/17/2025 (MT Newswires) -- Technology stocks were leaning lower premarket Friday, with the Technology Select Sector SPDR Fund (XLK) down 0.5% and the SPDR S&P Semiconductor ETF (XSD) declining by 0.8%.

Oracle (ORCL) said it expects $225 billion in revenue by fiscal 2030 as it anticipates signing "more large scale opportunities" over the next 12 months. Shares of Oracle were down more than 2% pre-bell.

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