08:40 AM EST, 02/05/2025 (MT Newswires) -- Technology stocks were falling premarket Wednesday as the Technology Select Sector SPDR Fund (XLK) was down 0.2% and the SPDR S&P Semiconductor ETF (XSD) was 1.1% lower recently.

Alphabet (GOOG, GOOGL) reported Q4 earnings late Tuesday that topped analysts' estimates and revenue that lagged market expectations. The company's shares were down 7.7% pre-bell Wednesday.