Sector Update: Tech Stocks Rise Pre-Bell Friday

09:16 AM EDT, 09/11/2026 (MT Newswires) -- Technology stocks were rising pre-bell Friday, with the State Street Technology Select Sector SPDR Fund (XLK) advancing by 1.3% and the State Street SPDR S&P Semiconductor ETF (XSD) 0.7% higher. Oracle (ORCL) stock was up more than 7% after the company reported stronger-than-expected growth in fiscal Q1 adjusted earnings and sales and raised its full-year outlook. Micron Technology (MU) will award its direct-labor employees in Taiwan with bonuses equivalent to 35 to 68 months of pay for fiscal 2026 after what the company described as an extraordinary year, Reuters reported. Shares of Micron Technology were up 1.7% premarket. Adobe (ADBE) stock was down nearly 3% even after the company reported higher fiscal Q3 adjusted earnings and revenue, and raised its fiscal 2026 outlook.