09:10 AM EDT, 08/12/2026 (MT Newswires) -- Technology stocks were rising pre-bell Wednesday, with the State Street Technology Select Sector SPDR Fund (XLK) up 1.4% and the State Street SPDR S&P Semiconductor ETF ( XSD ) 3.5% higher.
Lumentum Holdings ( LITE ) shares were up more than 8% after the company reported higher fiscal Q4 adjusted net income and net revenue, and issued fiscal Q1 outlook above analysts' expectations.
Nebius ( NBIS ) stock was up more than 16% after the company reported Q2 revenue of $582.3 million, rising from $105.1 million a year earlier.
CoreWeave ( CRWV ) shares were up more than 19% after the company posted a surge in Q2 revenue, increasing to $2.58 billion from $1.21 billion a year earlier.