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Technology stocks were slipping premarket Thursday. The Technology Select Sector SPDR Fund (XLK) was down 0.70%, and the iShares Semiconductor ETF (SOXX) was more than 1% lower recently.
Western Digital (WDC) has restarted talks with Japan’s Kioxia Holdings for a potential merger, Bloomberg reported, citing people familiar with the matter. Western Digital was recently climbing past 4%.
Semantix (STIX) was up more than 3% after saying it has agreed to acquire Elemeno, a cloud-managed, machine learning operations platform.
Xerox (XRX) was more than 1% higher after saying it entered into a forward funding agreement with PEAC Solutions to drive further growth in its equipment leasing and financing business FITTLE.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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