---
title: "Sector Update: Tech Stocks Advance Premarket Monday"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286780906.md"
description: "Technology stocks advanced premarket Monday, with the State Street Technology Select Sector SPDR Fund (XLK) up 0.5% and the State Street SPDR S&P Semiconductor ETF (XSD) up 1.4%. LiveRamp (RAMP) agreed to be acquired by Publicis Groupe for $2.17 billion, with shares rising over 27%. Baidu (BIDU) stock increased by more than 4% after exceeding Q1 earnings expectations, while IQIYI (IQ) shares fell over 2% due to a Q1 net loss."
datetime: "2026-05-18T13:07:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286780906.md)
  - [en](https://longbridge.com/en/news/286780906.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286780906.md)
---

# Sector Update: Tech Stocks Advance Premarket Monday

09:07 AM EDT, 05/18/2026 (MT Newswires) -- Technology stocks were advancing premarket Monday, with the State Street Technology Select Sector SPDR Fund (XLK) up 0.5% and the State Street SPDR S&P Semiconductor ETF ( XSD ) 1.4% higher.

LiveRamp ( RAMP ) agreed to be acquired by Publicis Groupe in an all-cash deal valued at about $2.17 billion, Publicis Groupe said. Shares of LiveRamp Holdings ( RAMP ) were up more than 27% pre-bell.

Baidu ( BIDU ) stock was up more than 4% after the company posted Q1 non-GAAP earnings and revenue that topped analysts' expectations.

IQIYI ( IQ ) shares were down more than 2% after the company reported that it swung to a Q1 non-GAAP net loss as revenue declined during the period.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

### Related Stocks

- [RAMP.US](https://longbridge.com/en/quote/RAMP.US.md)
- [BIDU.US](https://longbridge.com/en/quote/BIDU.US.md)
- [XLK.US](https://longbridge.com/en/quote/XLK.US.md)
- [XSD.US](https://longbridge.com/en/quote/XSD.US.md)
- [IQ.US](https://longbridge.com/en/quote/IQ.US.md)
- [89888.HK](https://longbridge.com/en/quote/89888.HK.md)
- [09888.HK](https://longbridge.com/en/quote/09888.HK.md)

## Related News & Research

- [Publicis Groupe expands AI ambitions with $2.2B LiveRamp buyout](https://longbridge.com/en/news/286689759.md)
- [BRIEF-Publicis To Acquire LiveRamp To Accelerate Data Co-Creation For Smarter Agents](https://longbridge.com/en/news/286677787.md)
- [This tech stock doesn't need AI to win. That's exactly why it's my top pick right now.](https://longbridge.com/en/news/286637466.md)
- [FDVV vs. HDV: Which dividend stock ETF is a better buy?](https://longbridge.com/en/news/286652109.md)
- [France's Publicis to buy US data firm LiveRamp in $2.2 billion](https://longbridge.com/en/news/286678167.md)