Sector Update: Tech Stocks Rise Premarket Thursday

MT Newswires Live
Nov 06

Technology stocks were rising premarket Thursday, with the Technology Select Sector SPDR Fund (XLK) slightly higher and the SPDR S&P Semiconductor ETF (XSD) advancing by 0.8%.

AppLovin (APP) stock was up nearly 6% after the company reported higher Q3 net income and revenue that also topped analysts' expectations.

Datadog (DDOG) shares were up 17% after the company posted higher Q3 non-GAAP earnings and revenue, and raised its 2025 outlook.

Snap (SNAP) stock was up nearly 18% after the company reported a narrower Q3 loss as revenue increased during the period.

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