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Sector Update: Tech Stocks Advance Premarket Monday

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Technology stocks were advancing premarket Monday, with the State Street Technology Select Sector SPDR Fund (XLK) 0.3% higher and the State Street SPDR S&P Semiconductor ETF (XSD) up 1.1%.

Monday.com (MNDY) stock was up more than 19% after the company posted higher Q1 adjusted earnings and revenue, and raised its 2026 revenue outlook.

Circle Internet (CRCL) shares were up more than 2% after the company posted higher Q1 earnings and revenue.

CEVA (CEVA) stock was up more than 8% after the company reported Q1 non-GAAP earnings and revenue that exceeded analysts' expectations.

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