08:47 AM EDT, 08/16/2024 (MT Newswires) -- Technology shares were declining premarket Friday with the Technology Select Sector SPDR Fund (XLK) down 0.8% and the SPDR S&P Semiconductor ETF (XSD) 0.2% lower recently.

CI&T ( CINT ) shares were over 17% higher after the company reported Q2 earnings of 0.34 Brazilian real ($0.06) per diluted share, up from 0.28 real a year earlier. The company also said it now expects 2024 net revenue to range from a 0.5% decline to 2.5% growth, compared with its prior guidance for a 2.5% decline to 2.5% growth.