08:51 AM EDT, 07/25/2025 (MT Newswires) -- Technology stocks were mixed premarket Friday with the Technology Select Sector SPDR Fund (XLK) slightly higher and the iShares Semiconductor ETF (SOXX) down 0.6% recently.

Intel ( INTC ) shares were more than 9% lower after the company reported that it swung to a loss in Q2 and outlined a plan to cut its workforce by 15% by the end of this year.