03:58 PM EDT, 10/31/2025 (MT Newswires) -- Tech stocks rose late Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.5% and the SPDR S&P Semiconductor ETF (XSD) rising 1.5%.
The Philadelphia Semiconductor index added 0.7%.
In corporate news, Unity Software ( U ) shares climbed 4.7% after BTIG Research upgraded the company to neutral from sell.
Apple's ( AAPL ) fiscal Q1 sales will likely grow 10% to 12% year-over-year, and iPhone revenue is set to rise double digits, Chief Financial Officer Kevan Parekh said, after the company reported higher fiscal Q4 earnings and sales. Apple ( AAPL ) shares were down 0.3%.
Globalstar ( GSAT ) is exploring a potential sale and has held early discussions with SpaceX and other potential buyers, Bloomberg reported. Globalstar ( GSAT ) shares climbed 7%.
Twilio ( TWLO ) shares jumped past 19% after UBS Securities raised its price target on the stock to $150 from $135, following higher Q3 results.