Technology stocks fell pre-bell Monday with the Technology Select Sector SPDR Fund (XLK) recently 1.5% lower and the SPDR S&P Semiconductor ETF (XSD) down 2.4%.
CoreWeave (CRWV) shares fell nearly 7% after the company said it plans to issue $1.5 billion in senior notes due 2030 through a private offering.
Kyndryl Holdings (KD) shares were down more than 2% after the company said it will invest up to 100 million euros ($112.8 million) in France over three years to accelerate the country's digital transformation.
Advanced Micro Devices (AMD) shares were nearly 2% lower after the company said it has signed a definitive agreement to sell ZT Systems' data center infrastructure manufacturing business to Sanmina (SANM) in a cash-and-stock transaction valued at $3 billion. SANM shares were down nearly 4%.
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