09:12 AM EDT, 04/15/2026 (MT Newswires) -- Technology stocks were mixed premarket Wednesday, with the State Street Technology Select Sector SPDR Fund (XLK) slightly lower and the State Street SPDR S&P Semiconductor ETF ( XSD ) up 0.5%.

Snap (SNAP) shares were up more than 7% after the company said it will cut about 16% of its global workforce, roughly 1,000 employees, to generate over $500 million in annualized cost savings.

ASML Holding ( ASML ) shares were down more than 2% after the company issued Q2 sales outlook below analysts' expectations.

Uber Technologies ( UBER ) has committed more than $10 billion to purchasing autonomous vehicles and picking up stakes in their developers, the Financial Times reported. Uber Technologies ( UBER ) stock was up more than 1% pre-bell.