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Sector Update: Tech

Sector Update: Tech

MT newswireMT newswire2026/09/30 12:57
08:57 AM EDT, 09/30/2026 (MT Newswires) -- Technology stocks were rising premarket Wednesday, with the State Street Technology Select Sector SPDR Fund (XLK) up 0.5% and the iShares Semiconductor ETF (SOXX) advancing by 0.4%. Hewlett Packard Enterprise (HPE) shares were up more than 6% after the company raised its fiscal 2027 revenue growth outlook for its networking segment and secured a $1.2 billion order from Vultr to deploy AMD Helios AI Rack by HPE systems at its cloud data centers in the US.
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