09:04 AM EST, 03/05/2025 (MT Newswires) -- Technology stocks rose premarket Wednesday with the Technology Select Sector SPDR Fund (XLK) up 0.4% and the SPDR S&P Semiconductor ETF ( XSD ) 1.3% higher recently.

CrowdStrike Holdings ( CRWD ) shares declined by over 6% after the company issued fiscal Q1 and fiscal 2026 non-GAAP earnings per share outlooks below analyst expectations.

Baidu (BIDU) shares advanced by over 2% after the company said it plans an offering of Chinese renminbi-denominated senior unsecured notes in offshore transactions outside the US.

Palantir Technologies ( PLTR ) shares were up over 1% after the company and TWG Global said they are launching a joint venture to apply artificial intelligence to banking, investment management, insurance, and other financial services.