09:09 AM EDT, 07/10/2026 (MT Newswires) -- Technology stocks were declining premarket Friday, with the State Street Technology Select Sector SPDR Fund (XLK) down 0.8% and the State Street SPDR S&P Semiconductor ETF ( XSD ) 1.2% lower.

ChipMOS Technologies ( IMOS ) shares were up more than 3% after the company said its Q2 revenue rose 28.7% year over year to 7.38 billion New Taiwan dollars ($231.8 million), marking its highest quarterly revenue since 2014.

Meta Platforms' ( META ) "addictive" design of Instagram and Facebook violates the European Union's Digital Services Act, the European Commission said. Meta Platforms ( META ) stock was up more than 4% pre-bell.

Perfect (PERF) shares were up more than 9% after the company said it has agreed to be taken private by an entity controlled by founder and CEO Alice Chang for $2 per share in cash.