Sector Update: Tech Stocks Edge Higher Pre-Bell Friday

MT Newswires Live

2025/02/07

Technology stocks were edging higher premarket Friday, with The Technology Select Sector SPDR Fund (XLK) up 0.3% and the SPDR S&P Semiconductor ETF (XSD) flat.

Cloudflare (NET) shares were up 10% pre-bell Friday after the company posted overnight higher Q4 non-GAAP earnings and revenue.

Fortinet (FTNT) stock was up 6% pre-bell Friday after the company posted overnight higher Q4 non-GAAP net income and revenue.

Take-Two Interactive Software (TTWO) shares were up 7.4% in premarket activity Friday after the company reported a lower-than-expected fiscal Q3 loss.

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