09:09 AM EST, 11/21/2024 (MT Newswires) -- Technology stocks were edging higher premarket Thursday as the Technology Select Sector SPDR Fund (XLK) was up 0.7% and the SPDR S&P Semiconductor ETF ( XSD ) advanced 0.03% recently.

Snowflake (SNOW) shares rose nearly 25% after the company reported fiscal Q3 earnings and sales above market consensus.

Kyndryl Holdings ( KD ) shares were up over 2% after the company authorized a $300 million share repurchase program.

Baidu ( BIDU ) shares were down more than 3% after the company reported lower Q3 non-GAAP earnings and revenue.