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Sector Update: Tech Stocks Advance Pre-Bell Monday
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Sector Update: Tech Stocks Advance Pre-Bell Monday
Jul 1, 2024 6:37 AM

09:07 AM EDT, 07/01/2024 (MT Newswires) -- Technology stocks were advancing pre-bell Monday, with the Technology Select Sector SPDR Fund ( XLK ) 0.3% higher and the SPDR S&P Semiconductor ETF ( XSD ) up 0.8%.

Similarweb ( SMWB ) was up over 1% after the company said it acquired 42matters, an app analytics company, to support its app intelligence services and data capabilities.

Alphabet's (GOOG, GOOGL) Google ( GOOG ) is partnering with BlackRock's ( BLK ) Climate Infrastructure business to support the development of a 1-gigawat pipeline of new solar capacity in Taiwan, the company said. Alphabet was 0.6% higher premarket.

Microsoft ( MSFT ) has informed over a dozen state agencies and public universities in Texas that its emails with them were accessed by hackers tied to Russian intelligence services, Bloomberg News reported Saturday, citing a person familiar with the matter. Microsoft ( MSFT ) was up 0.5% pre-bell.

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