08:49 AM EDT, 08/14/2025 (MT Newswires) -- Technology stocks were declining premarket Thursday, with the Technology Select Sector SPDR Fund (XLK) down 0.5% and the SPDR S&P Semiconductor ETF (XSD) 0.2% lower.

Netease ( NTES ) shares were down more than 6% after the company reported Q2 non-GAAP earnings and net revenue that missed analysts' estimates.