09:05 AM EDT, 05/20/2025 (MT Newswires) -- Technology stocks were mixed premarket Tuesday with the Technology Select Sector SPDR Fund (XLK) 0.5% lower and the SPDR S&P Semiconductor ETF ( XSD ) up 0.7% recently.

D-Wave Quantum ( QBTS ) shares rose past 18% after the company launched its Advantage2 quantum computing system.

Pony AI (PONY) shares were up more than 6% after the company reported a narrower Q1 non-GAAP net loss amid higher revenue.

Bilibili ( BILI ) shares were over 4% higher after the company reported that it swung to Q1 adjusted earnings as net revenue increased year-over-year.