Sector Update: Tech Stocks Advance Friday Afternoon

MT Newswires Live

10/04

Tech stocks rose Friday afternoon with the Technology Select Sector SPDR Fund (XLK) increasing 0.2% and the SPDR S&P Semiconductor ETF (XSD) climbing 1.5%.

The Philadelphia Semiconductor Index added 0.4%.

In corporate news, Microsoft (MSFT) is set to announce a version of Xbox Cloud Gaming that includes advertisements, technology news website The Verge reported. Microsoft shares rose 0.5%.

A US Army battlefield communications system being developed by tech companies Anduril and Palantir (PLTR) has been labeled a "very high risk" due to serious security vulnerabilities, Reuters reported, citing an internal Army memo. Palantir shares dropped past 6%.

Alphabet's (GOOG) Google announced plans to invest $4 billion through 2027 to develop a new data center in West Memphis, Arkansas. Alphabet shares were easing 0.1%.

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Alphabet shares were easing 0.1%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2125154778.USD","symbol_name":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2572840056","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2572840056","pubTimestamp":1759512688,"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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