Financial Wire

Sector Update: Tech

Tech stocks were higher Friday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) up 0.3% and the State Street SPDR S&P Semiconductor ETF (XSD) rising 1.6%.The Philadelphia Semiconductor index climbed 2.3%.In corporate news, CoreWeave (CRWV) shares jumped 12% after the AI cloud computing company struck a deal to support the development and deployment of Anthropic's Claude AI models.

-- Tech stocks were higher Friday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) up 0.3% and the State Street SPDR S&P Semiconductor ETF (XSD) rising 1.6%.

The Philadelphia Semiconductor index climbed 2.3%.

In corporate news, CoreWeave (CRWV) shares jumped 12% after the AI cloud computing company struck a deal to support the development and deployment of Anthropic's Claude AI models.

Sector Update: Tech | Financial Wire