09:10 AM EDT, 07/31/2026 (MT Newswires) -- Technology stocks were rising premarket Friday, with the State Street Technology Select Sector SPDR Fund (XLK) 0.4% higher and the State Street SPDR S&P Semiconductor ETF ( XSD ) up 3.4%.

Sony Group ( SONY ) stock was up more than 3% after the company posted higher fiscal Q1 earnings and sales, and raised its sales outlook for the fiscal year ending on March 31, 2027.

Cohu ( COHU ) shares were up more than 24% after the company posted higher Q2 adjusted earnings and revenue, and issued Q3 revenue outlook above analysts' expectations.

Apple ( AAPL ) reported higher fiscal Q3 earnings and revenue. The company captured a record 49% of global smartphone market value in Q2 after its revenue increased 22% compared to a year earlier, Counterpoint said. Apple ( AAPL ) stock was down more than 7% pre-bell.