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Sector Update: Tech Stocks Flat to Lower Pre-Bell Monday
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Sector Update: Tech Stocks Flat to Lower Pre-Bell Monday
Jun 2, 2025 6:21 AM

09:10 AM EDT, 06/02/2025 (MT Newswires) -- Technology stocks were flat to lower pre-bell Monday with the SPDR S&P Semiconductor ETF ( XSD ) inactive and the Technology Select Sector SPDR Fund (XLK) down 0.4% recently.

Alphabet (GOOG) said it would appeal an antitrust decision by Judge Amit Mehta, who is mulling options on how to limit the tech giant's monopoly in search. Shares of Alphabet were down more than 2% premarket.

Science Applications International ( SAIC ) shares were more than 6% lower after the company reported flat fiscal Q1 adjusted earnings per share that also missed analysts' expectations.

Life360 ( LIF ) shares were down more than 3% after the company said it is planning to offer $250 million convertible senior notes due 2030 in a private placement to eligible purchasers.

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