09:01 AM EDT, 04/17/2026 (MT Newswires) -- Technology stocks were higher pre-bell Friday, with the State Street Technology Select Sector SPDR ETF (XLK) gaining 1.6% and the State Street SPDR S&P Semiconductor ETF ( XSD ) 2% higher.

Microsoft ( MSFT ) shares were up 1.6% in premarket activity. Microsoft Italy and Expert.ai said they have entered into a collaboration to accelerate the adoption of artificial intelligence for enterprise use cases.

Uber Technologies ( UBER ) shares were up 1.8% prebell. Prosus said Uber ( UBER ) is acquiring roughly 13.6 million ordinary shares of Delivery Hero from Prosus, representing about 4.5% stake.

Adobe (ADBE) stock was up 2.6% before the bell, adding to the 1.4% gain at the previous close. UBS lowered its price target to $260 from $290, while maintaining a neutral rating.