Sector Update: Tech

Sector Update: Tech

MT newswire2026/10/26 16:50

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12:50 PM EDT, 10/26/2026 (MT Newswires) -- Tech stocks were higher Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 1.6% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 2%. The Philadelphia Semiconductor index climbed 2.9%. In sector news, Anthropic on Monday filed with the US Securities and Exchange Commission for an IPO of Class A common stock on the Nasdaq Global Select Market under the symbol "ANT." In corporate news, Meta Platforms (META) said Monday it launched about $35 billion in stock offerings and plans a separate $60 billion at-the-market share sale program in 2027 as part of a financing plan to support its AI investments and other corporate purposes. Meta shares were 0.1% higher.

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The White House has canceled the previously scheduled President’s Council of Advisors on Science and Technology meeting, which was set for Friday and includes prominent tech leaders such as Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg. The Department of Energy's meeting page briefly listed November 13 as the new meeting date, but the agency later sent an email retracting this information. Currently, the specific date for rescheduling the meeting remains unclear.

华尔街见闻•2026/11/06 23:26