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Sector Update: Tech Stocks Advance Pre-Bell Tuesday
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Sector Update: Tech Stocks Advance Pre-Bell Tuesday
Jun 24, 2025 6:22 AM

09:09 AM EDT, 06/24/2025 (MT Newswires) -- Technology stocks were advancing pre-bell Tuesday, with The Technology Select Sector SPDR Fund (XLK) 1.1% higher and the SPDR S&P Semiconductor ETF ( XSD ) up 1.8% .

Uber Technologies ( UBER ) shares were up more than 3% after the company said it is launching autonomous ride-hailing services in Atlanta in partnership with Alphabet's (GOOG, GOOGL) Waymo.

Nano Labs ( NA ) stock was more than 159% higher after the company said it has entered into a convertible notes purchase agreement to raise $500 million.

Kanzhun ( BZ ) shares were down more than 2% after the company said it is offering 30 million of its Class A ordinary shares, consisting of a Hong Kong public offering of 3 million shares and an international offering of 27 million shares.

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