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Sector Update: Tech Stocks Edge Higher Pre-Bell Thursday
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Sector Update: Tech Stocks Edge Higher Pre-Bell Thursday
Jul 11, 2024 6:29 AM

09:09 AM EDT, 07/11/2024 (MT Newswires) -- Technology stocks were higher pre-bell Thursday with the Technology Select Sector SPDR Fund ( XLK ) up 0.4% and the SPDR S&P Semiconductor ETF ( XSD ) recently advancing by 0.9%.

SoundHound AI ( SOUN ) was up over 7% after saying its SoundHound Chat AI voice assistant with integrated ChatGPT is in production in Peugeot, Opel and Vauxhall vehicle brands across 11 European markets.

E2open Parent Holdings ( ETWO ) fell past 11% after it reported lower fiscal Q1 adjusted earnings and revenue.

Arbe Robotics ( ARBE ) advanced by over 8% after saying it is collaborating with an undisclosed prominent European truck manufacturer to integrate the latter's automotive-grade imaging radar technology into the next-generation sensor suite.

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