08:57 AM EDT, 05/30/2024 (MT Newswires) -- Technology stocks were mixed premarket Thursday, with the Technology Select Sector SPDR Fund ( XLK ) down 0.9% and the SPDR S&P Semiconductor ETF ( XSD ) advancing 0.2%.

Salesforce ( CRM ) shares fell more than 16% in premarket activity after the company's Q2 guidance missed forecasts.

UiPath ( PATH ) said Daniel Dines will return as chief executive officer, effective Saturday, succeeding Rob Enslin, who is resigning. The company also reported higher fiscal Q1 non-GAAP earnings and revenue. The company's shares retreated 30% pre-bell Thursday.

Palantir Technologies ( PLTR ) shares rose 2.2% after the company said it has received a $480 million firm-fixed-price contract for the Maven Smart System prototype, an artificial intelligence tool that assists in combat using image and video analysis.