Sector Update: Tech Stocks Mixed Premarket Friday
Technology stocks were mixed premarket Friday, with the State Street Technology Select Sector SPDR Fund (XLK) up 0.1% and the State Street SPDR S&P Semiconductor ETF (XSD) 0.1% lower.Alphabet's (GOOG, GOOGL) Waymo intends to open its fully autonomous ride-hailing service to riders in Singapore in 2028, the company said. Alphabet shares were up more than 2% pre-bell.Meta Platforms' (META) AI-enabled smart glasses are facing growing scrutiny in France, where Paris prosecutors have opened a criminal probe into suspected sexual harassment involving the devices, Reuters reported. Meta Platforms stock was up more than 1% premarket.Taboola (TBLA) has launched an offer to acquire Dianomi, a London-based digital advertising service, the company said. Shares of Taboola were 0.3% higher pre-bell.