09:10 AM EST, 02/12/2026 (MT Newswires) -- Technology stocks were rising premarket Thursday, with the State Street Technology Select Sector SPDR Fund (XLK) advancing by 0.5% and the State Street SPDR S&P Semiconductor ETF ( XSD ) up 1.3%.

Zebra Technologies ( ZBRA ) stock was up more than 13% after the company reported higher Q4 non-GAAP earnings and net sales. Zebra Technologies ( ZBRA ) also said its board approved an additional $1 billion in share repurchases, bringing its total buyback authorization to more than $1.1 billion.

Cisco Systems ( CSCO ) shares were down more than 6% even after the company posted higher fiscal Q2 non-GAAP net income and revenue.

AppLovin ( APP ) stock was down more than 7% even after the company reported higher Q4 net income from continuing operations and revenue.