09:07 AM EDT, 10/31/2024 (MT Newswires) -- Technology stocks were declining premarket Thursday with the Technology Select Sector SPDR Fund ( XLK ) down almost 1% and the SPDR S&P Semiconductor ETF ( XSD ) 0.3% lower recently.

Microsoft ( MSFT ) shares fell by nearly 4% even after the company reported higher fiscal Q1 earnings and revenue.

ASE Technology Holding ( ASX ) shares rose past 3% after the company reported higher Q3 earnings and revenue.

Meta Platforms ( META ) shares were down more than 1% even after the company reported higher Q3 earnings and revenue.