03:47 PM EDT, 05/21/2024 (MT Newswires) -- Tech stocks were mixed in late Tuesday afternoon trading, with the Technology Select Sector SPDR Fund (XLK) increasing 0.1% and the SPDR S&P Semiconductor ETF (XSD) shedding 0.4%.

The Philadelphia Semiconductor index fell 0.4%.

In corporate news, First Solar ( FSLR ) shares jumped 6.6% as UBS and Piper Sandler upgraded their respective price targets on the stock.

Apple's ( AAPL ) lawyers are planning to seek dismissal of the US Department of Justice's antitrust case over grounds the suit does not allege anti competitive conduct, Bloomberg reported Tuesday. Separately, Apple ( AAPL ) is challenging a 1.8 billion euro ($1.95 billion) fine from the EU for allegedly hampering competition from rival music streamers, Bloomberg reported Tuesday. Apple ( AAPL ) shares were rising 0.8%.

Keysight Technologies ( KEYS ) shares tumbled past 8% after the company's fiscal Q3 guidance fell short of market estimates.

Franklin Resources' ( BEN ) Fiduciary Trust International unit said Tuesday vice chair and Meta (META) investor Lisette Cooper filed a resolution for a shareholder vote for targets to reduce dangers and threats to children on Meta's social media platforms. Meta shares were falling nearly 1%.