08:48 AM EDT, 03/13/2025 (MT Newswires) -- Technology stocks declined premarket Thursday as the Technology Select Sector SPDR Fund (XLK) was down 0.4% and the SPDR S&P Semiconductor ETF (XSD) was 2.9% lower recently.

VNET Group ( VNET ) shares fell by more than 10% after the company said it plans a $400 million offering of convertible senior notes due April 1, 2030.