09:07 AM EST, 02/20/2025 (MT Newswires) -- Technology stocks were flat to lower pre-bell Thursday as the SPDR S&P Semiconductor ETF ( XSD ) was inactive and the Technology Select Sector SPDR Fund (XLK) was down 0.2% recently.

NICE (NICE) shares fell nearly 13% after the company issued Q1 guidance for non-GAAP earnings per share and revenue below analysts' expectations.

Palantir Technologies ( PLTR ) shares were still down more than 2%, after closing 10% lower the previous day amid a report that the Pentagon intends to slash military spending.

Netease ( NTES ) shares declined nearly 3% after the company reported a decline in Q4 revenue, while adjusted earnings increased during the period.