12:28 PM EST, 12/24/2024 (MT Newswires) -- Tech stocks rose in Tuesday afternoon trading with the Technology Select Sector SPDR Fund (XLK) up 0.9% and the SPDR S&P Semiconductor ETF (XSD) climbing 1.1%.

The Philadelphia Semiconductor index added 0.8%.

In corporate news, Meta's (META) WhatsApp and Alphabet's (GOOG) Google Play are set to become accessible again in Iran as the country's authorities ease internet restrictions, media outlets reported. Both Meta and Alphabet shares rose 0.8%.

Jet.AI ( JTAI ) shares almost doubled after the company launched the Ava artificial intelligence model for private jet booking.

SEALSQ ( LAES ) shares rose 4.7%, a day after the company announced its Quasars project in the field of post-quantum cryptography.