09:26 AM EDT, 08/13/2025 (MT Newswires) -- Technology stocks were advancing premarket Wednesday, with the Technology Select Sector SPDR Fund (XLK) up 0.4% and the SPDR S&P Semiconductor ETF ( XSD ) 0.7% higher.

Sapiens International ( SPNS ) stock was up more than 44% after the company said it has signed a deal to be acquired by private equity investor Advent in an all-cash transaction for $43.50 per common share, or about $2.5 billion.

CoreWeave ( CRWV ) shares were down more than 10% after the company posted a Q2 loss that missed analyst expectations.

Webtoon Entertainment (WBTN) shares were more than 27% higher, a day after the company reported Q2 revenue that topped analysts' estimates.