09:13 AM EDT, 03/26/2025 (MT Newswires) -- Technology stocks declined premarket Wednesday as the Technology Select Sector SPDR Fund (XLK) was down 0.1% and the SPDR S&P Semiconductor ETF ( XSD ) recently fell by 1.2%.

Grab (GRAB) is in discussions for a loan of up to $2 billion to fund its potential takeover of Indonesian rival GoTo Group, Bloomberg News reported, citing people familiar with the matter. Shares of Grab were up over 2% pre-bell.

SailPoint ( SAIL ) shares advanced by more than 3% after the company reported a narrower fiscal Q4 net loss as revenue increased during the period.

Qualcomm ( QCOM ) has filed antitrust complaints against Arm (ARM) with regulators in the US, European Union, and South Korea, Bloomberg reported, citing sources familiar with the matter. Shares of Arm were 0.7% lower premarket.