09:10 AM EDT, 10/30/2024 (MT Newswires) -- Technology stocks were falling premarket Wednesday, with The Technology Select Sector SPDR Fund ( XLK ) down 0.7% and the SPDR S&P Semiconductor ETF ( XSD ) 1.5% lower.

Garmin ( GRMN ) shares were up 13% after the company reported higher Q3 non-GAAP earnings and net sales in addition to raising its fiscal 2024 guidance.

Alphabet (GOOG, GOOGL) stock was over 6% higher after the company overnight reported higher Q3 earnings and revenue.

CDW (CDW) shares were down more than 7% after the company reported lower Q3 non-GAAP earnings and net sales.