09:14 AM EST, 12/19/2025 (MT Newswires) -- Technology stocks were advancing premarket Friday, with the State Street Technology Select Sector SPDR Fund (XLK) 0.5% higher and the State Street SPDR S&P Semiconductor ETF ( XSD ) up 0.9%.

Oracle (ORCL), Silver Lake, and MGX have signed deals with ByteDance's TikTok to form a new US joint venture overseeing the American version of the social media platform, media outlets reported, citing an internal memo. Shares of Oracle were up more than 4% pre-bell.

CoreWeave ( CRWV ) stock was up more than 5% after the company said it has joined the US Department of Energy's Genesis mission.

BlackBerry (BB) shares were down more than 6% after the company reported a decline in fiscal Q3 revenue.