Technology stocks were rising premarket Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) up 1.8% and the State Street SPDR S&P Semiconductor ETF (XSD) advancing by 4.1%.
Pony AI (PONY) stock was up more than 17% after the company raised its 2026 Robotaxi revenue target to more than 3.5 times 2025 levels from a previous target of 3 times, and its year-end Robotaxi fleet size target to more than 3,500 units from 3,000 units.
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