08:52 AM EST, 03/08/2024 (MT Newswires) -- Technology stocks were advancing premarket Friday with the Technology Select Sector SPDR Fund (XLK) gaining 0.3% and the SPDR S&P Semiconductor ETF (XSD) up 1.2% recently.

Samsara (IOT) was up nearly 14% after reporting that it swung to a fiscal Q4 adjusted profit as revenue increased during the period.