01:42 PM EDT, 08/04/2026 (MT Newswires) -- Tech stocks were sharply higher Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 5% and the State Street SPDR S&P Semiconductor ETF (XSD) up 6.2%.

The Philadelphia Semiconductor index climbed up 6.7%.

In corporate news, Palantir Technologies ( PLTR ) lifted its full-year revenue guidance on Monday after a surge in US commercial sales drove stronger-than-expected Q2 results. Shares jumped past 29%.

Anthropic has inked a $10 billion deal for computing capacity with Volta Infra Holdings, a months-old infrastructure startup backed by Nvidia ( NVDA ) , Bloomberg reported. Nvidia ( NVDA ) shares rose 2.3%.

Apple's ( AAPL ) full-year sales in India have surpassed the $10 billion mark for the first time, Bloomberg reported Tuesday. Revenue grew in double digits in the 12 months through March from about $9 billion a year earlier, a person familiar with the matter told the news agency. Apple ( AAPL ) shares rose 1.8%.

Amazon.com ( AMZN ) founder Jeff Bezos indicated plans to sell 15 million shares of the company valued at $4.07 billion, according to a regulatory filing. Separately, Amazon ( AMZN ) was sued Tuesday by New Jersey Attorney General Jennifer Davenport, who accused the company of abusing its market power over independent delivery drivers, Davenport's office confirmed to MT Newswires. Amazon ( AMZN ) shares were down 1.9%.