09:07 AM EDT, 06/27/2025 (MT Newswires) -- Technology stocks were rising premarket Friday with the Technology Select Sector SPDR Fund (XLK) 0.3% higher and the SPDR S&P Semiconductor ETF ( XSD ) recently up 0.8%.

Super Micro Computer ( SMCI ) shares were up more than 1% after the company said it has closed a private offering of $2.3 billion of convertible senior notes due 2030, including an option for initial buyers to purchase up to $300 million of the notes.

Domo ( DOMO ) shares were up more than 2% after the company said it expanded its collaboration with Snowflake (SNOW) to launch a suite of AI-powered data applications on Snowflake Marketplace.

Concentrix ( CNXC ) shares were down more than 8% after the company reported fiscal Q2 adjusted earnings per share that missed analysts expectations.