Sector Update: Tech
MT newswire2026/09/25 16:59Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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12:59 PM EDT, 09/25/2026 (MT Newswires) -- Tech stocks were higher Friday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 1% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 3.2%. The Philadelphia Semiconductor index rose 1.6%. In corporate news, Akamai Technologies (AKAM) shares jumped 5% after the company signed an $11.6 billion, seven-year commitment with Anthropic to support its CPU workload demands using Akamai Cloud's infrastructure.
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