09:09 AM EDT, 08/29/2025 (MT Newswires) -- Technology stocks were declining pre-bell Friday, with the Technology Select Sector SPDR Fund (XLK) and SPDR S&P Semiconductor ETF ( XSD ) down 0.3%.

Dell Technologies ( DELL ) stock was down nearly 7% after the company issued guidance for fiscal Q3 adjusted earnings per share below analysts' expectations.

Affirm (AFRM) shares were up more than 17% after the company reported that it swung to fiscal Q4 diluted earnings as revenue increased during the period.

Autodesk ( ADSK ) shares were up nearly 13% after the company posted higher fiscal Q2 non-GAAP net income and revenue, and raised its fiscal 2026 outlook.