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Sector Update: Tech Stocks Decline Premarket Tuesday
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Sector Update: Tech Stocks Decline Premarket Tuesday
Mar 10, 2026 9:55 PM

09:08 AM EST, 12/09/2025 (MT Newswires) -- Technology stocks were declining premarket Tuesday, with the Technology Select Sector SPDR Fund (XLK) down 0.1% and the SPDR S&P Semiconductor ETF (XSD) 0.6% lower.

SailPoint ( SAIL ) stock was down more than 3% even after the company reported fiscal Q3 adjusted earnings and revenue that topped analysts' expectations, and raised its fiscal 2026 outlook.

CoreWeave ( CRWV ) shares were down more than 1% after the company priced a private offering of $2.25 billion of its 1.75% convertible senior notes due 2031, upsized from $2 billion previously.

Nvidia ( NVDA ) has received clearance from US President Donald Trump to export its advanced artificial intelligence chips to China. Shares of Nvidia ( NVDA ) were 0.5% higher pre-bell.

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