09:11 AM EDT, 10/08/2025 (MT Newswires) -- Technology stocks were mixed premarket Wednesday, with the Technology Select Sector SPDR Fund (XLK) up 0.1% and the SPDR S&P Semiconductor ETF ( XSD ) 0.1% lower.

Penguin Solutions ( PENG ) stock was down more than 18% after the company reported fiscal Q4 revenue that missed analysts' expectations.

Confluent (CFLT) is considering a possible sale after attracting interest from tech companies and private equity firms, Reuters reported, citing three people familiar with the matter. Confluent shares were up more than 15% pre-bell.

Sony Group ( SONY ) said it has acquired a majority stake in athletes tracking technologies provider STATSports Group. Sony Group ( SONY ) shares were 0.4% higher premarket.