03:46 PM EDT, 09/16/2025 (MT Newswires) -- Tech stocks were mixed late Tuesday afternoon with the Technology Select Sector SPDR Fund (XLK) shedding 0.4% and the SPDR S&P Semiconductor ETF (XSD) adding 0.8%.

The Philadelphia Semiconductor Index increased 0.2%.

In corporate news, an investor group including Oracle (ORCL), Andreessen Horowitz and Silver Lake would control TikTok's US business under an arrangement discussed by US and Chinese negotiators this week in Madrid, The Wall Street Journal reported. Oracle shares gained 1.3%.

Alphabet (GOOG) unit Waymo has been awarded a pilot permit for autonomous vehicles operating from San Francisco International Airport, said Daniel Lurie, the city's mayor. Alphabet shares were little changed.

Salesforce ( CRM ) shares dropped 1.5%. The company plans to invest $6 billion in its UK business through 2030 to back the transformation of UK and European companies into agentic enterprises.

Amazon.com's ( AMZN ) Project Kuiper satellite internet venture plans to offer services to the US, Canada, France, Germany and the UK by the end of Q1, Bloomberg reported late Monday. Amazon ( AMZN ) shares rose 1.3%.