Sector Update: Tech Stocks Lean Lower Premarket Thursday

Technology stocks were leaning lower premarket Thursday, with the State Street Technology Select Sector SPDR Fund (XLK) down 0.2% and State Street SPDR S&P Semiconductor ETF (XSD) declining by 0.3%.CoreWeave (CRWV) shares were up more than 2% after the company said it has signed an agreement with Meta Platforms (META) to provide artificial intelligence cloud capacity through December 2032 for about $21 billion.BlackBerry (BB) stock was up more than 6% after the company reported higher fiscal Q4 adjusted earnings and revenue.Commerce.com (CMRC) said its board rejected a revised unsolicited takeover proposal from Rezolve AI (RZLV), as it "significantly undervalues" the company and is not in shareholders' interest. Rezolve AI shares were down more than 1% pre-bell.

-- Technology stocks were leaning lower premarket Thursday, with the State Street Technology Select Sector SPDR Fund (XLK) down 0.2% and State Street SPDR S&P Semiconductor ETF (XSD) declining by 0.3%.

CoreWeave (CRWV) shares were up more than 2% after the company said it has signed an agreement with Meta Platforms (META) to provide artificial intelligence cloud capacity through December 2032 for about $21 billion.

BlackBerry (BB) stock was up more than 6% after the company reported higher fiscal Q4 adjusted earnings and revenue.

Commerce.com (CMRC) said its board rejected a revised unsolicited takeover proposal from Rezolve AI (RZLV), as it "significantly undervalues" the company and is not in shareholders' interest. Rezolve AI shares were down more than 1% pre-bell.