Technology stocks were edging higher premarket Tuesday, with The Technology Select Sector SPDR Fund (XLK) and SPDR S&P Semiconductor ETF (XSD) up 0.5%.
Palantir Technologies (PLTR) shares were up past 23% after the company reported higher Q4 adjusted earnings and revenue in addition to issuing Q1 and 2025 revenue outlook that surpassed analyst expectations.
Spotify Technology (SPOT) stock was over 8% higher after the company reported that it swung to Q4 earnings as revenue increased during the period.
Gartner (IT) shares were up more than 4% after the company posted higher Q4 adjusted 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.