Sector Update: Tech Stocks Mixed Pre-Bell Tuesday

MT Newswires Live

2025/08/12

Technology stocks were mixed pre-bell Tuesday, with the Technology Select Sector SPDR Fund (XLK) up 0.5% and the iShares Expanded Tech Sector ETF (IGM) 0.6% lower recently.

Intel (INTC) CEO Lip-Bu Tan met with President Donald Trump, along with Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent, Trump said on Truth Social. Shares of Intel were up more than 3% premarket.

BigBear.ai (BBAI) stock was down more than 31% after the company reported a wider Q2 net loss as revenue declined during the period. BigBear.ai also cut its 2025 revenue outlook.

Tencent Music Entertainment Group (TME) shares were up nearly 7% after the company posted higher Q2 non-IFRS earnings and revenue.

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BigBear.ai also cut its 2025 revenue outlook.</p><p><a href=\"https://laohu8.com/S/TCMEF\">Tencent Music Entertainment Group</a> (TME) shares were up nearly 7% after the company posted higher Q2 non-IFRS earnings and revenue.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IGM","symbol_name":"iShares Expanded Tech Sector ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2559625931","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2559625931","pubTimestamp":1755004415,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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