09:09 AM EDT, 10/25/2024 (MT Newswires) -- Technology stocks were advancing premarket Friday with the Technology Select Sector SPDR Fund ( XLK ) up 0.7% and the SPDR S&P Semiconductor ETF ( XSD ) 0.3% higher recently.

Western Digital ( WDC ) shares rose past 12% after the company said late Thursday it swung to non-GAAP diluted earnings of $1.78 per share in fiscal Q1 as revenue increased during the period.

AppFolio ( APPF ) shares advanced more than 5% after the company late Thursday reported higher Q3 non-GAAP net income and revenue. The company also raised its full-year 2024 revenue outlook.

Apple ( AAPL ) 's iPhone sales in China fell 0.3% while rival Huawei's sales jumped 42% in Q3, data from researcher IDC showed. Apple ( AAPL ) shares were down 0.3% premarket.