09:26 AM EDT, 08/14/2025 (MT Newswires) -- Technology stocks were declining premarket Thursday, with the Technology Select Sector SPDR Fund (XLK) down 0.7% and the SPDR S&P Semiconductor ETF ( XSD ) 0.8% lower.

NetEase ( NTES ) shares were down 8% after the company reported Q2 non-GAAP earnings and net revenue that missed analysts' estimates.

Cellebrite DI ( CLBT ) shares were up more than 1% after the company posted higher Q2 non-GAAP earnings and revenue.

QXO (QXO) stock was up more than 1% after the company reported Q2 adjusted earnings above analysts' expectations and higher net sales.