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Sector Update: Tech Stocks Edge Higher Pre-Bell Tuesday
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Sector Update: Tech Stocks Edge Higher Pre-Bell Tuesday
May 28, 2024 6:51 AM

09:17 AM EDT, 05/28/2024 (MT Newswires) -- Technology stocks were edging higher pre-bell Tuesday as the Technology Select Sector SPDR Fund ( XLK ) and SPDR S&P Semiconductor ETF ( XSD ) were up 0.4% recently.

Hello Group ( MOMO ) fell by over 2% after it reported lower Q1 adjusted earnings and revenue.

Opera (OPRA) advanced by over 2% after saying it has collaborated with Alphabet's (GOOG, GOOGL) Google Cloud for the integration of Google's ( GOOG ) Gemini models into Opera's Aria browser AI.

Apple's ( AAPL ) smartphone shipments in China rose 52% in April compared with a year earlier, Reuters reported, citing data from a research firm affiliated with the Chinese government. Apple ( AAPL ) was up more than 1% premarket.

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