09:10 AM EDT, 04/02/2026 (MT Newswires) -- Technology stocks were falling premarket Thursday, with the State Street Technology Select Sector SPDR Fund (XLK) down 2.4% and the State Street SPDR S&P Semiconductor ETF ( XSD ) declining by 3.7%.

Alphabet's Google ( GOOG ) and other cloud providers have held talks with AI start-up Poolside to resurrect a scheme to build a large Texas data center project, the Financial Times reported, citing people familiar with the matter. Shares of Alphabet were down more than 2% pre-bell.

Intel ( INTC ) plans to invest an additional $15 million in chip startup SambaNova, which is chaired by Intel ( INTC ) Chief Executive Lip-Bu Tan, Reuters reported, citing corporate records. Intel ( INTC ) stock was down more than 4% premarket.

Oracle (ORCL) laid off about 10,000 employees in India as part of a global restructuring program, The Economic Times of India reported, citing sources familiar with the matter. Oracle shares were 2% lower premarket.