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## Tech Stocks on the Rise

Tech stocks showed positive performance on Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising by 0.8% and the SPDR S&P Semiconductor ETF (XSD) experiencing a 1.3% increase. The Philadelphia Semiconductor index also saw a gain of 1.6%.

## CoStar Acquisition News

In corporate news, CoStar (CSGP) announced its agreement to acquire 3D technology firm Matterport (MTTR) in a cash-and-stock deal valued at around $1.6 billion. Following this announcement, Matterport shares surged by 179% while CoStar’s stock price rose by 1.1%.

## How AI legalese decoder Can Help

AI legalese decoder can assist in analyzing the legal aspects of the deal between CoStar and Matterport. By utilizing natural language processing and machine learning algorithms, the tool can quickly decode complex legal language in contracts and agreements, providing a clear understanding of the terms and implications involved in such transactions. This can help investors and legal professionals make more informed decisions when evaluating corporate acquisitions and deals in the technology sector.

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