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Sector Update: Tech Stocks Rise Pre-Bell Tuesday
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Sector Update: Tech Stocks Rise Pre-Bell Tuesday
Mar 10, 2026 9:15 PM

09:12 AM EST, 12/02/2025 (MT Newswires) -- Technology stocks were rising pre-bell Tuesday, with the Technology Select Sector SPDR Fund (XLK) up 0.6% and the SPDR S&P Semiconductor ETF (XSD) 2.4% higher.

MongoDB ( MDB ) stock was up 23% after the company Monday posted higher fiscal Q3 non-GAAP net income and revenue, and raised its fiscal 2026 outlook.

Credo Technology Group ( CRDO ) shares were up more than 16% after the company reported higher fiscal Q2 adjusted earnings and revenue.

Marvell Technology ( MRVL ) is negotiating a cash-and-stock purchase of Celestial AI that could total over $5 billion, including earnouts, The Information reported, citing people familiar with the matter. Marvell Technology ( MRVL ) shares were up more than 2% pre-bell.

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