09:06 AM EDT, 09/09/2025 (MT Newswires) -- Technology stocks were advancing premarket Tuesday, with The Technology Select Sector SPDR Fund (XLK) up 0.2% and the iShares Expanded Tech Sector ETF ( IGM ) 0.5% higher.

Nebius Group ( NBIS ) shares were up more than 54% after the company said it signed a commercial agreement under which it will provide Microsoft ( MSFT ) access to dedicated graphics processing unit infrastructure capacity at its new data center in Vineland, New Jersey, over a term of five years.

CoreWeave ( CRWV ) stock was up over 7% after the company said it launched a new initiative focused on supporting founders and companies developing artificial intelligence technologies.

Atlassian ( TEAM ) shares were up more than 6% after the company said it is phasing out its Atlassian Data Center products in favor of a new cloud platform called Atlassian Ascend.