09:11 AM EDT, 07/29/2024 (MT Newswires) -- Technology stocks rose in Monday's premarket hours as the SPDR S&P Semiconductor ETF ( XSD ) was up 0.4% and the Technology Select Sector SPDR Fund ( XLK ) was 0.9% higher recently.

ON Semiconductor (ON) shares advanced by over 7% after it reported lower Q2 non-GAAP earnings and revenue that still topped forecasts from analysts polled by Capital IQ.

Palantir Technologies ( PLTR ) was up more than 1% after saying it has partnered with Tree Energy Solutions, a producer of electric natural gas derived from green hydrogen, to support the green energy transition and decarbonization.

Apple's ( AAPL ) artificial intelligence features are delayed and will miss the launch of new operating systems for Apple ( AAPL ) devices, Bloomberg News TV reported Sunday, citing unnamed sources familiar with the matter. Shares of Apple ( AAPL ) were down 0.5% premarket.