03:13 PM EDT, 08/05/2026 (MT Newswires) -- Tech stocks were mixed late Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 0.4% and the State Street SPDR S&P Semiconductor ETF (XSD) falling 2.5%.

The Philadelphia Semiconductor index was down 0.2%.

In corporate news, Shopify ( SHOP ) reported Q2 earnings above Wall Street's expectations on Wednesday, while it recorded annual growth of more than 30% each in its revenue, gross merchandise volume and gross profit metrics. Its shares jumped past 19%.