09:08 AM EDT, 07/28/2026 (MT Newswires) -- Technology stocks were falling pre-bell Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) 1.6% lower and the State Street SPDR S&P Semiconductor ETF ( XSD ) declining by 3.5%.
ASML Holding ( ASML ) shares were down more than 4% after The Information reported that a Chinese state-backed company has started manufacturing certain chipmaking equipment that could impact ASML's ( ASML ) market position.
Corning (GLW) stock was down more than 16% amid a soft Q3 outlook, with EPS and sales estimates barely meeting analysts' expectations.
Microsoft ( MSFT ) shares were up more than 1% after the company introduced Project Perception, an AI-powered cybersecurity platform designed to detect, assess and respond to cyber threats in real time as attackers increasingly use AI to automate attacks.