09:10 AM EDT, 05/22/2026 (MT Newswires) -- Technology stocks were advancing premarket Friday, with the State Street Technology Select Sector SPDR Fund (XLK) up 0.6% and the State Street SPDR S&P Semiconductor ETF ( XSD ) 3.3% higher.

Take-Two Interactive Software ( TTWO ) stock was up 4.6% after the company reported a narrower fiscal Q4 net loss as revenue increased during the period.

Workday (WDAY) shares were up more than 6% after the company reported higher fiscal Q1 non-GAAP net income and revenue.

Sony's ( SONY ) Bungie is planning layoffs tied to the end of development for Destiny 2, Bloomberg reported, citing people familiar with the matter. Shares of Sony ( SONY ) were down 1.6% pre-bell.