09:06 AM EDT, 08/06/2024 (MT Newswires) -- Technology stocks were advancing premarket Tuesday, with the Technology Select Sector SPDR Fund ( XLK ) up nearly 1% and the SPDR S&P Semiconductor ETF ( XSD ) 1.6% higher recently.

Uber Technologies ( UBER ) shares rose more than 8% after it reported higher Q2 earnings and revenue.

NCR Voyix ( VYX ) shares were up 8.9% after saying it agreed to sell its digital banking business to an affiliate of Veritas Capital for $2.45 billion in cash plus future additional contingent consideration of up to $100 million.

Palantir Technologies ( PLTR ) shares advanced by more than 11% after it reported higher Q2 adjusted earnings and revenue. The company also raised its full-year revenue guidance.