Sector Update: Tech Stocks Mixed Pre-Bell Tuesday

MT Newswires Live
Aug 12, 2025

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10