03:59 PM EDT, 06/30/2025 (MT Newswires) -- Tech stocks were higher late Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 1.1% and the SPDR S&P Semiconductor ETF (XSD) adding 0.5%.

The Philadelphia Semiconductor index edged up 0.1%.

In sector news, the EU will not consider any changes to its landmark rules against targeting Big Tech overreach during its trade negotiations with the US, Reuters reported, citing comments made by an EU spokesperson at a news conference. The bloc's Digital Markets Act seeks to rein in the power of Alphabet (GOOG), Apple ( AAPL ) , Meta (META) and Microsoft (MSFT), as well as China's ByteDance, among others, while the Digital Services Act requires major online platforms to do more to curb illegal and harmful content, the report said.

In corporate news, Meta (META) Chief Executive Mark Zuckerberg said the company is reorganizing its AI group with a focus on developing AI "superintelligence," referring to systems that can perform tasks as well as or better than humans, Bloomberg reported, citing an internal memo. Meta shares added 0.6%.

Apple ( AAPL ) is considering implementing AI technology from Anthropic or OpenAi instead of its own in-house models to power a new version of Siri, Bloomberg reported. Separately, Apple ( AAPL ) will delay the rollout of some new iOS 26 features to EU users this year due to regulatory roadblocks, The Wall Street Journal reported. Apple ( AAPL ) shares rose 2.7%.

Hewlett Packard Enterprise ( HPE ) shares jumped 11%, and Juniper Networks ( JNPR ) shares popped 8.4% after the companies said Saturday that they have reached a deal with the US Department of Justice to resolve an antitrust lawsuit against Hewlett's $14 billion planned takeover of Juniper.

Oracle (ORCL) said Monday in a regulatory filing that Chief Executive Safra Catz is expected to inform staff that the company has signed "multiple large" cloud services deals, including one that is anticipated to add over $30 billion in annual revenue starting in fiscal 2028. Oracle shares gained over 4%.