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Sector Update: Tech Stocks Advance Premarket Monday
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Sector Update: Tech Stocks Advance Premarket Monday
Jun 30, 2025 6:25 AM

09:11 AM EDT, 06/30/2025 (MT Newswires) -- Technology stocks were advancing premarket Monday with the Technology Select Sector SPDR Fund (XLK) up 0.9% and the SPDR S&P Semiconductor ETF ( XSD ) 1.4% higher recently.

Hewlett Packard Enterprise ( HPE ) shares were up more than 10% after the company and Juniper Networks ( JNPR ) said they have reached a deal with the US Department of Justice to resolve an antitrust lawsuit against Hewlett Packard's ( HPE ) $14 billion proposed takeover of Juniper.

Palantir Technologies ( PLTR ) has named Accenture's ( ACN ) Accenture Federal Services subsidiary as its preferred implementation partner for US federal government customers, the companies said. Shares of Palantir Technologies ( PLTR ) were up more than 4% pre-bell, while Accenture ( ACN ) was 1% higher.

Sony Group ( SONY ) and Honda Motor's ( HMC ) joint electric car project's operating loss widened to 52 billion Japanese yen ($360.6 million) in its latest fiscal year through March from 20.5 billion yen a year earlier, Bloomberg News reported. Shares of Sony Group ( SONY ) were down by nearly 2% premarket.

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