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Sector Update: Tech Stocks Rise Premarket Monday
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Sector Update: Tech Stocks Rise Premarket Monday
Jun 16, 2025 6:40 AM

09:10 AM EDT, 06/16/2025 (MT Newswires) -- Technology stocks were rising premarket Monday, with The Technology Select Sector SPDR Fund (XLK) up 0.8% and the SPDR S&P Semiconductor ETF ( XSD ) 3.5% higher.

Roku ( ROKU ) and Amazon ( AMZN ) Ads have teamed up to create an integrated advertising platform for connected television in the US, the companies said in a joint statement. Shares of Roku ( ROKU ) were up more than 9% pre-bell.

Snowflake (SNOW) will collaborate with Interpublic Group of Cos.' (IPG) database marketing company, Acxiom, to develop artificial intelligence-powered marketing offerings for brands and agencies, the companies said. Snowflake shares were up more than 1% premarket.

Pinterest ( PINS ) shares were more than 1% higher after the company and Instacart (CART) said they have partnered to help brands better reach shoppers using Instacart's purchase data.

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