Sector Update: Tech Stocks Rise Premarket Tuesday

09:08 AM EDT, 10/27/2026 (MT Newswires) -- Technology stocks were rising premarket Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) 0.7% higher and the State Street SPDR S&P Semiconductor ETF (XSD) advancing by 1%. Broadcom (AVGO) Chief Executive Hock Tan stepped into last-minute negotiations with banks to help secure a $63 billion financing package for AI startup Anthropic, The Wall Street Journal reported, citing people familiar with the matter. Shares of Broadcom were up more than 3% pre-bell. CoreWeave (CRWV) is adding new artificial intelligence computing capacity in Denmark and extending its data network into the Middle East and Asia, the company said. CoreWeave stock was up more than 1% premarket. Corning (GLW) shares were up 0.1% after the company reported higher Q3 adjusted earnings and revenue.