08:45 AM EDT, 05/14/2024 (MT Newswires) -- Technology stocks were flat to lower premarket Tuesday as the SPDR S&P Semiconductor ETF (XSD) was inactive and the Technology Select Sector SPDR Fund (XLK) was recently down 0.2%.

Sony Group ( SONY ) was over 3% higher after it reported higher fiscal Q4 earnings and revenue. The company also said its board of directors approved the repurchase of up to 30 million shares of its own common stock for up to 250 billion Japanese yen ($1.6 billion).