09:11 AM EDT, 08/16/2024 (MT Newswires) -- Technology shares were declining premarket Friday with the Technology Select Sector SPDR Fund ( XLK ) down 0.6% and the SPDR S&P Semiconductor ETF ( XSD ) 0.2% lower recently.

CI&T ( CINT ) shares were more than 20% higher after it reported Q2 earnings of 0.34 Brazilian real ($0.06) per diluted share, up from 0.28 real a year earlier. The company also said it now expects 2024 net revenue to range from a 0.5% decline to 2.5% growth, compared with its prior guidance for a 2.5% decline to 2.5% growth.

Globant ( GLOB ) shares were up more than 5% after it reported higher Q2 adjusted earnings and revenue.

PropertyGuru ( PGRU ) shares rose past 5% after saying it agreed to be acquired by affiliates of EQT's BPEA Private Equity Fund VIII in an all-cash deal valuing the company about $1.1 billion.