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Sector Update: Tech Stocks Rise Pre-Bell Monday
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Sector Update: Tech Stocks Rise Pre-Bell Monday
Jul 27, 2026 6:53 AM

09:11 AM EDT, 07/27/2026 (MT Newswires) -- Technology stocks were rising pre-bell Monday, with the State Street Technology Select Sector SPDR Fund (XLK) up 1.7% and the State Street SPDR S&P Semiconductor ETF ( XSD ) 2.2% higher.

Broadcom ( AVGO ) and Samsung Electronics signed a memorandum of understanding to expand their strategic collaboration across memory and foundry technologies to support next-generation artificial intelligence infrastructure. Shares of Broadcom ( AVGO ) were up nearly 2% premarket.

Palantir Technologies ( PLTR ) patient discharge tracking software has failed to yield noticeable performance improvements for the UK's National Health Service, The Financial Times reported, citing an analysis by the Health Foundation. Palantir Technologies ( PLTR ) stock was up more than 2% pre-bell.

Synopsys ( SNPS ) shares were up more than 1% after the company introduced new agentic AI capabilities for chip and electronic system design developed in collaboration with Nvidia ( NVDA ) , to automate complex engineering workflows and improve productivity.

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