Sector Update: Tech Stocks Edge Higher Premarket Thursday

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Technology stocks were edging higher premarket Thursday, with the State Street Technology Select Sector SPDR Fund (XLK) advancing by 0.6% and the iShares Semiconductor ETF (SOXX) up 0.3%.

Alphabet's (GOOG, GOOGL) Google said it has introduced Gemini 4 Argon, a frontier AI model designed for complex software engineering, enterprise workflows and cybersecurity defense. Shares of Alphabet were up more than 1% pre-bell.

Accenture (ACN) stock was up more than 18% after the company reported higher fiscal Q4 GAAP earnings and revenue.

Nebius Group (NBIS) shares were 1.2% higher after the company said it has acquired artificial intelligence infrastructure tech startup Inferize, which owns proprietary technology designed to shorten the time needed to launch and scale large AI models.

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