09:07 AM EST, 11/04/2025 (MT Newswires) -- Technology stocks were falling pre-bell Tuesday, with the Technology Select Sector SPDR Fund (XLK) down 1.9% and the SPDR S&P Semiconductor ETF (XSD) 4.5% lower.

Uber Technologies ( UBER ) shares were down more than 7% even after the company reported higher Q3 earnings and revenue.

Spotify Technology ( SPOT ) stock was up 0.3% after the company posted higher Q3 earnings and revenue.

Upwork ( UPWK ) shares were up more than 21% after the company reported higher Q3 non-GAAP earnings and revenue, and raised its 2025 outlook.