Technology stocks were mixed premarket Thursday as the Technology Select Sector SPDR Fund (XLK) was down 0.5% and the SPDR S&P Semiconductor ETF (XSD) was 0.8% higher recently.

NetEase (NTES) shares rose past 8% after the company reported higher Q1 adjusted earnings and revenue.

Cisco Systems (CSCO) shares were up over 2% after the company reported higher fiscal Q3 non-GAAP earnings and revenue and raised its fiscal 2025 outlook.

NICE (NICE) shares fell by more than 1% even after the company reported higher Q1 non-GAAP earnings and revenue.