09:19 AM EDT, 06/05/2026 (MT Newswires) -- Technology stocks were falling premarket Friday, with the State Street Technology Select Sector SPDR Fund (XLK) down 1.8% and the State Street SPDR S&P Semiconductor ETF ( XSD ) 2.5% lower.

Samsara (IOT) shares were down more than 3% even after the company posted higher fiscal Q1 non-GAAP earnings and revenue.

Guidewire Software ( GWRE ) reported higher fiscal Q3 adjusted earnings and revenue, and raised its fiscal 2026 revenue outlook. Guidewire Software ( GWRE ) stock was down more than 11 pre-bell.

United Microelectronics ( UMC ) reported sales of 22.94 billion New Taiwan dollars ($727.9 million) in May, up 17.8% from a year earlier. Shares of United Microelectronics ( UMC ) were 0.4% lower premarket.