09:10 AM EDT, 03/28/2025 (MT Newswires) -- Technology stocks fell premarket Friday with the Technology Select Sector SPDR Fund (XLK) down 0.6% and the SPDR S&P Semiconductor ETF ( XSD ) 1.4% lower recently.

Braze (BRZE) shares advanced by over 7% after the company reported that it swung to fiscal Q4 non-GAAP earnings as revenue increased during the period.

AppLovin ( APP ) shares were up over 8% after the company said it has retained law firm Quinn Emanuel Urquhart & Sullivan to conduct an independent investigation into recent short reports aimed at the company.

Alphabet's (GOOG) Google ( GOOG ) was found to have engaged in anti-competitive conduct in India related to its app store billing system, Bloomberg News reported, citing an Indian court ruling. Alphabet shares were down 0.5% pre-bell.