09:00 AM EDT, 04/29/2024 (MT Newswires) -- Technology stocks were steady premarket Monday as the SPDR S&P Semiconductor ETF ( XSD ) and Technology Select Sector SPDR Fund ( XLK ) were both inactive recently.

Apple's ( AAPL ) operating system for iPads is now designated as a gatekeeper under the EU's Digital Markets Act, the European Commission said. The Commission said it found that Apple's ( AAPL ) iPadOS "constitutes an important gateway for business users to reach end users, and that Apple ( AAPL ) enjoys an entrenched and durable position with respect to iPadOS." Apple ( AAPL ) shares were over 2% higher pre-bell.

JinkoSolar Holding ( JKS ) shares were up more than 3% after the company reported Q1 earnings of 1.34 Chinese renminbi ($0.19) per diluted share, down from 3.74 renminbi a year earlier, but still beating the expected loss of 2.12 renminbi from two analysts polled by Capital IQ.

Daqo New Energy ( DQ ) shares were down nearly 7% after the company reported lower Q1 adjusted earnings and revenue.