09:07 AM EST, 02/27/2025 (MT Newswires) -- Technology stocks rose premarket Thursday with the Technology Select Sector SPDR Fund (XLK) 0.7% higher and the SPDR S&P Semiconductor ETF ( XSD ) also recently up 0.7%.

Ambarella ( AMBA ) shares advanced by over 11% after the company reported a swing to fiscal Q4 non-GAAP earnings as revenue increased during the period.

Daqo New Energy ( DQ ) shares were down by nearly 3% after the company reported a swing to Q4 adjusted loss as revenue fell during the period.

Vertex (VERX) shares were up 0.5% after the company reported higher Q4 non-GAAP earnings and revenue.