Sector Update: Tech

MT Newswires Live
05 Jun

Technology stocks were mixed premarket Thursday as the Technology Select Sector SPDR Fund (XLK) was marginally lower and the SPDR S&P Semiconductor ETF (XSD) was up 0.8% recently.

MongoDB (MDB) shares were advancing by more than 18% after the company reported higher fiscal Q1 non-GAAP diluted earnings and revenue and raised its fiscal 2026 outlook.

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