01:35 PM EDT, 10/21/2025 (MT Newswires) -- Tech stocks were mixed Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) 0.1% higher and the SPDR S&P Semiconductor ETF (XSD) down 1.5%.

The Philadelphia Semiconductor index decreased 0.7%.

In corporate news, Apple ( AAPL ) may top Wall Street's estimates for its fiscal Q4 sales amid robust demand for the iPhone 17 in the US and China, with the tech giant close to reaching the $4 trillion market capitalization milestone, according to Wedbush Securities. Apple ( AAPL ) shares added 0.5%.

CoreWeave ( CRWV ) will not increase its $9 billion offer for Core Scientific ( CORZ ) despite opposition from some shareholders, Bloomberg reported, citing Chief Executive Michael Intrator. CoreWeave ( CRWV ) shares fell 2.6%, while Core Scientific ( CORZ ) climbed 3.3%.

Meta (META) CEO Mark Zuckerberg, Snap (SNAP) CEO Evan Spiegel, and Instagram CEO Adam Mosseri will need to testify in the first trial on the adverse effects of social media on younger users, multiple media outlets reported Tuesday, citing a ruling from Judge Carolyn Kuhl of the Superior Court of Los Angeles County. Meta shares were up 0.1%, and Snap rose 1.1%.