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Sector Update: Tech Stocks Mixed Late Afternoon
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Sector Update: Tech Stocks Mixed Late Afternoon
Aug 21, 2025 1:09 PM

03:48 PM EDT, 08/21/2025 (MT Newswires) -- Tech stocks were mixed late Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) declining 0.3% and the SPDR S&P Semiconductor ETF (XSD) gaining 0.1%.

The Philadelphia Semiconductor index dropped 0.5%.

In corporate news, Amazon ( AMZN )-backed (AMZN) Anthropic is closing in on a deal to raise up to $10 billion in a new funding round, Bloomberg reported. Amazon ( AMZN ) shares were shedding 0.8%.

Nordson's ( NDSN ) shares climbed 3.6% after the precision technology company reported fiscal Q3 results above market estimates.

Apple ( AAPL ) is raising the subscription price for Apple TV+ by 30% for US customers to $12.99 per month, according to media reports. Apple ( AAPL ) shares were down 0.6%.

Alphabet's (GOOG) Google ( GOOG ) will provide the US government with a suite of artificial intelligence and cloud services to accelerate AI adoption, the US General Services Administration said Thursday. Alphabet shares added 0.3%.

Dayforce ( DAY ) is set to be acquired by software investment firm Thoma Bravo in a deal that gives the workforce management company an enterprise value of $12.3 billion and will see it taken private. Dayforce ( DAY ) shares rose 2.3%.

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