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Sector Update: Tech Stocks Edge Higher Pre-Bell Friday
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Sector Update: Tech Stocks Edge Higher Pre-Bell Friday
Jun 6, 2025 6:33 AM

09:05 AM EDT, 06/06/2025 (MT Newswires) -- Technology stocks were edging higher pre-bell Friday as the Technology Select Sector SPDR Fund (XLK) was up 0.8% and the SPDR S&P Semiconductor ETF ( XSD ) was slightly advancing recently.

Rubrik ( RBRK ) shares were up more than 6% after the company reported a narrower fiscal Q1 non-GAAP loss as revenue increased during the period.

Broadcom ( AVGO ) shares were down nearly 3% even after the company reported higher fiscal Q2 non-GAAP earnings and revenue.

DocuSign ( DOCU ) shares were down more than 18% after the company said it now expects lower full-year billings of $3.285 billion to $3.339 billion, compared with its previous guidance of between $3.300 billion and $3.354 billion announced on March 13.

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