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Sector Update: Tech Stocks Rise Pre-Bell Thursday

Sector Update: Tech Stocks Rise Pre-Bell Thursday

MT newswireMT newswire2026/08/27 13:12
09:12 AM EDT, 08/27/2026 (MT Newswires) -- Technology stocks were rising pre-bell Thursday, with the State Street Technology Select Sector SPDR Fund (XLK) up 1.9% and the State Street SPDR S&P Semiconductor ETF (XSD) 2.3% higher. Nvidia (NVDA) shares were up more than 6% after the company posted fiscal Q2 earnings and revenue that more than doubled from a year earlier, and issued a fiscal Q3 revenue forecast above analysts' expectations. CrowdStrike (CRWD) stock was up more than 9% after the company reported higher fiscal Q2 adjusted earnings and revenue, and raised its fiscal 2027 revenue outlook. Salesforce (CRM) shares were up more than 10% after the company posted higher fiscal Q2 adjusted earnings and revenue, and lifted its fiscal 2027 guidance.
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