09:07 AM EST, 11/07/2024 (MT Newswires) -- Technology stocks rose premarket Thursday as the Technology Select Sector SPDR Fund ( XLK ) advanced by 0.6% and the SPDR S&P Semiconductor ETF ( XSD ) was up 0.1% recently.

EPAM Systems ( EPAM ) shares rose by 11% after the company reported higher Q3 adjusted earnings and revenue. The company also raised its outlook for the full year.

Coherent (COHR) shares were up over 6% after the company reported higher fiscal Q1 non-GAAP earnings and revenue.

Datadog ( DDOG ) shares were over 2% lower even after the company reported higher Q3 non-GAAP net income and revenue, and raised its guidance for the full year.