09:12 AM EDT, 07/31/2025 (MT Newswires) -- Technology stocks were advancing premarket Thursday, with The Technology Select Sector SPDR Fund (XLK) up 1.5% and the SPDR S&P Semiconductor ETF ( XSD ) 0.2% higher.

Meta Platforms ( META ) stock was up more than 11% after the company overnight reported higher Q2 earnings and revenue.

Microsoft ( MSFT ) shares were up over 8% after the company posted late Wednesday higher fiscal Q4 earnings and revenue.

ASE Technology Holding ( ASX ) stock was more than 2% lower after the company posted a decline in Q2 earnings.