09:21 AM EDT, 08/19/2025 (MT Newswires) -- Technology stocks were leaning lower premarket Tuesday, with The Technology Select Sector SPDR Fund (XLK) down 0.2% and the SPDR S&P Semiconductor ETF ( XSD ) marginally declining.
Palo Alto Networks ( PANW ) stock was up more than 6% after the company overnight reported a stronger-than-expected increase in fiscal Q4 earnings and sales.
Intel ( INTC ) will receive a $2 billion equity investment from SoftBank Group at a price of $23 per Intel ( INTC ) common share, the companies said. Intel ( INTC ) shares were up over 4% premarket.
Opera (OPRA) stock was up more than 4% after the company posted higher Q2 adjusted earnings and revenue in addition to raising its 2025 sales guidance.